On July 2, the first day of the international conference “Global Energy and International Political Risks” co-hosted by the Valdai Discussion Club and Azerbaijan’s Center of Analysis of International Relations, experts discussed the impact of global political shifts on the world energy sector. The event featured Russian Minister of Energy Alexander Novak and his Azerbaijani counterpart, Parviz Shahbazov, who took part in the discussions.
Energy is an important economic and national security factor in global geopolitics and interstate relations. The session organised by the Valdai Discussion Club and the Baku-based Center of Analysis of International Relations (AIR Center) on July 2, 2020, titled “World Energy Markets Amid World Order Transformation” aimed at focusing on discussions related to the current situation in the world energy market in the wake of geopolitical, geostrategic and epidemological challenges. Wide array of energy sectors such as renewables, natural gas and petrochemicals have been affected by the COVID-19 pandemics. The session was attended by experts from the Valdai Discussion Club, AIR Center as well as other international experts, and upon the completion of the end of the expert session, statements by the Ministers of Energy of the Russian Federation and the Republic of Azerbaijan Alexander Novak and Parviz Shahbazov, respectively, were delivered.