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1,500 MW of capacities will be created in Nakhchivan at the expense of foreign investments
Baku/02.10.23//Turan: The strategic objective in Nakhchivan, which has a renewable energy potential of 5,000 MW, is to create about 1,500 MW of wind and solar energy production capacities at the expense of foreign investments and export at least 1,000 MW of them, Azerbaijani Energy Minister Parviz Shahbazov said at the 3rd Azerbaijani-Turkish Energy Forum and the international conference "Nakhchivan - Green Energy Zone", which were held last Friday in Nakhchivan.
According to the Minister, the implementation of these works has already begun, and this is provided for by the Concept for the development of a "green energy zone" in Nakhchivan. -0-
Energy
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Turkey and several European countries have regained access to gas from Shah Deniz Alpha, as the operator of the Caspian Shah Deniz field has resumed operations on this production platform after resolving issues that caused a force majeure situation from January 6–18.
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Production from the "Shah Deniz Alpha" platform under the "Shah Deniz-1" project was resumed on the evening of January 18, 2025, after being suspended on January 7, the press service of BP-Azerbaijan, the operator of the “Shah Deniz” gas condensate field.
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At a press conference on January 17 following negotiations with his Iranian counterpart Masoud Pezeshkian, Russian President Vladimir Putin confirmed that the project for constructing a gas pipeline between the two countries is underway. According to him, the initial supply could reach up to 2 bcm, but it could eventually increase to 55 bcm annually.
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Azerbaijan and Pakistan discussed oil product trade issues. On January 18, SOCAR President Rovshan Najaf met with Pakistan’s Minister of State for Petroleum Musadik Malik, the press service of the State Oil Company of Azerbaijan (SOCAR). The meeting highlighted the successful development of relations between Azerbaijan and Pakistan.
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