Since 2013 Caspian sea to become cleaner - SOCAR fully suspends emission of stratal waters
SOCAR plans to reduce to nothing emission of strata waters from its own oil fields into the Caspian Sea since next year, SOCAR President Rovnag Abdullayev told journalists.
He said during the Soviet time 7,000-8,000 tons of stratal waters a day were emitted from Bibi-Eibat Oil production company into the water. "The oil extraction continues, but the strata waters are not emitted into the sea, they are repeatedly injected into the beds," Abdullayev said.
He said the similar works are carried out on other SOCAR's oil production departments - Surakhanyneft and Balakhanyneft. The process is coming to the end on Balakhanyneft to reduce to nothing emission of strata waters since next year.
SOCAR President said that the company has invested a great amount of money into installation of new cleaning facilities on the territory of the oil refineries to reduce to minimum emission of strata waters into the sea from these plants.-0---
Economics
-
Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
-
Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
-
Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
-
The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
Leave a review