Russia’s Lukoil is interested in the development of green energy in Azerbaijan, Russian ambassador to Azerbaijan, Mikhail Bocharnikov, said at a press conference.

According to Report, the ambassador reminded that the company concluded important deals in Azerbaijan, including the purchase of a 9.99% share from Shahdeniz that brought the company’s total share to 19.99%. Lukoil also owns 25% in shallow water Absheron.