“Azerenergy” replaces overhead lines with underground cables in Baku

In the first half of the year, Azerbaijan sold $ 11.3 billion worth of oil and gas products on foreign markets (87.63% of the country's total exports), by 12.4% lower compared to January-June 2023.

In January-June of this year, 7 billion 444.22 mcm of associated gas were produced in the oil fields of Azerbaijan (extracted from the subsoil during oil production), by 3.1% less than in the same period last year.

"By 2027, we expect to produce 2 GW of green energy from renewable energy sources (RES). For such a volume, Azerbaijan needs an energy storage facility of 250 MW. We will create this repository in stages, starting in 2024," Soltanov said.

“Azerishig” OJSC (the state monopoly on electricity distribution in Azerbaijan) is installing charging stations for electric vehicles in 12 more points in Baku.