Azerbaijan will gradually replace diesel buses with electric ones
The government of Azerbaijan plans to gradually replace public buses with diesel fuel with electric buses. In this regard, the assembly of electric buses will begin in Azerbaijan in 2025.
According to the Ministry of Economy of the Republic of Azerbaijan, an electric bus assembly plant with an annual capacity of 500 units will be built on the territory of the Sumgayit Chemical Industrial Park.
At the same time, the main investor in the enterprises will be the Chinese BYD Company Limited, which will invest $34 million at the initial stage.
The local partner of BYD Company Limited on the project will be Electrify Azerbaijan LLC. One of the investors in the project will be the Azerbaijan Investment Company.
According to the Ministry of Economy, BYD plans to localize the production of spare parts for electric buses in Azerbaijan in the third year of the project.
In addition, according to the agreements, BYD will supply electric buses to Azerbaijan, which will be used in November 2024 as part of the COP29 climate conference.
The Ministry of Economy notes that in the future, within the framework of cooperation with BYD, it is planned to organize in Azerbaijan the production of high-tonnage electric trucks, electric vehicles for public utilities, as well as the assembly of batteries. The company plans to invest about $60 million in these projects in the future.
It should be noted that about 2,100 buses operate on public transport in the capital of Azerbaijan, of which about 900 operate on compressed gas (CNG), the rest are diesel.
Energy
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In 2023, Azerbaijan produced 4 million 369.8 thousand tons of fuel (automotive gasoline, diesel fuel, and aviation kerosene), whereas last year the total volume amounted to only 3 million 906.9 thousand tons. Over the past year, fuel production in the country decreased by 462.9 thousand tons, or by 10.6%.
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According to preliminary data, in the past year, Azerbaijan's gross domestic product (GDP) amounted to 126.3 billion manats (approximately $74.3 billion at the current exchange rate), a 4.1% increase compared to 2023, the monthly report by the State Statistical Committee of the Republic of Azerbaijan.
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In 2024, the total volume of oil and condensate production in Azerbaijan amounted to 29 million 63 thousand tons, the monthly report by the State Statistical Committee of the Republic of Azerbaijan.
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The Trans Adriatic Pipeline (TAP AG) consortium has developed a roadmap for preparing to transport hydrogen, according to TAP AG. “TAP’s goal is to develop infrastructure for hydrogen transportation. We have defined a roadmap for preparing for the medium- and long-term transportation of natural gas and hydrogen blends, as well as renewable gases. A preliminary study in 2021 confirmed the potential of TAP for transporting hydrogen mixtures in the future. Currently, we are conducting pipeline material tests at an international laboratory. The results of the first tests were received in the fourth quarter of 2024 and are now under evaluation. The next round of tests has already begun, and results are expected in 2025,” said the consortium.
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