Baku, June 1, AZERTAC

“Absheron, Karabakh, Umid (Stage II), Babek, Azeri-Chirag-Deepwater Gunashli (ACG) and green energy projects are listed as important sources to provide additional gas, said Azerbaijan’s Minister of Energy Pafrviz Shahbazov as he addressed the 28th Baku Energy Forum.

“More than 1 bcm of gas will be saved due to wind and solar power plants with a capacity of 1800 MW, which are planned to be commissioned by the end of 2026. It was noted that in 2030 another 5 GW of green production capacities will be put into operation, and 4 GW of these volumes will be exported to Europe via the Black Sea at the initial stage, and 1 GW through Nakhchivan to Türkiye and Europe,” the minister noted.

“The transformation of Azerbaijan into a green energy country has already begun. Based on the technical potential of offshore renewable energy of 135 GW and onshore 157 GW, today our country is implementing large-scale projects related to the production and export of green energy. Currently, we are cooperating with Masdar, ACWA Power, bp and Fortescue Future Industries on more than 25 GW of "green energy" projects. Within the Baku Energy Week, we will sign cooperation documents with international energy companies on renewable energy projects for an additional 3 GW. Azerbaijan is determined to realize its strategic goals for its development as a green energy country,” the minister added.