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Norwegian energy companies eye to enter Azerbaijani market

19 November 2016 10:35 (UTC+04:00)
Norwegian energy companies eye to enter Azerbaijani market

By Trend

Norwegian energy companies are interested in entering the Azerbaijani market, Norwegian ambassador to Azerbaijan Bard Ivar Svendsen told Trend in Baku on November 18.

"Norwegian energy companies have a great interest in Azerbaijan,” he added. “Norwegian companies, which have not started to work in Azerbaijan yet, but considering such an opportunity, appeal to us almost every three months."

He said that Norway has great experience in the field of oil production.

“Having modern technologies in the oil production, Norwegian companies are ready to offer them to Azerbaijan,” the ambassador said.

The ambassador also said that the visit of one of Norwegian ministers or deputy ministers to Baku to attend one of the energy exhibitions or conferences in 2017 is being considered.

He said that Norwegian companies always show interest to participate in energy exhibitions and conferences in Baku.

Svendsen said that Norwegian oil and oil service companies have been already operating in Azerbaijan.

Thus, the largest Norwegian Statoil oil company operates on Azeri-Chirag-Guneshli field in the Caspian Sea.

Moreover, there are 6-7 Norwegian companies that supply niche products and render expertise services for the major oil companies, and especially BP.

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