Piechociński appeals to set up "energetic OPEC"

During his visit to Baku, Minister of the Economy Janusz Piechociński called for establishing a new organization, which would regulate the energy resources market. According to him, the organization could resemble OPEC and would stand against using resources as a political tool.  The organization would help complete investments in different parts of the world, respond to challenges linked with climate politics and protect the interests of companies operating in the energy market. Piechociński highlighted that the changing energy market which saw a sudden decline of prices and trust needs new regulations. "We have to form a community, because energy is becoming a challenge," he said. The minister visited Baku to take part in the Caspian Oil and Gas conference.