NEWS

Azerbaijan implementing big projects for transition to green energy

JUNE 02, 2022

Azerbaijan’s energy infrastructure is developing, the extraction of oil and gas resources is permanent in nature, and the country is also implementing big projects for the transition to green energy, Gordon Birrell, BP Executive Vice President for Production and Operations, said at a conference held as part of the Baku Energy Week, Report informs.

First comes affordable energy, to which the population of the world needs access. To ensure this, an access of supply of energy is needed, he noted. This requires big investments and gas pipeline systems. It is also important to control the cost of gas supplies, he added.

The second most important thing is to ensure the reliability and safety of deliveries, he said, noting that this is primarily the diversification of supplies. As an international company, BP can extract and develop many types of energy, including oil and gas for consumers. Over the next 10 years, most of the company’s investment will account for gas and oil production, but BP will also invest in solar energy and hydrogen production, Birrell said.

https://report.az/en/energy/gordon-birrell-azerbaijan-implementing-big-projects-for-transition-to-green-energy/