President Ilham Aliyev has received Chief Executive Officer of Statoil Helge Lund.

The President described the many years of partnership between the State Oil Company of Azerbaijan and Statoil as a good indicator of cooperation. President Ilham Aliyev stressed the importance of new cooperation projects between the State Oil Company of Azerbaijan and Statoil.

Chief Executive Officer of Statoil Helge Lund emphasized the role of the current stability in the country in the development of Azerbaijan’s oil and gas industry.

The sides exchanged views on issues relating to the prospects for cooperation between the State Oil Company of Azerbaijan and Statoil.