Rovshan Najaf
Achieving net zero emissions by 2050 is one of SOCAR's main goals, SOCAR President Rovshan Najaf stated on December 3 at the event "Decarbonization Strategy and Prospects for the Future of SOCAR", organized in Dubai as part of the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change - COP28. Achieving the goals of “zero emissions" (net Zero) by 2050, as well as reducing flare emissions in the production process, is one of SOCAR's main goals, he believes.
Rovshan Najaf stressed that these steps are being taken both in accordance with corporate social responsibility and for the transformation of SOCAR into an exemplary energy company from the point of view of environmental protection.
During the event, a detailed presentation was made on the work done at SOCAR in the field of environmental protection, ongoing projects, identified goals and further steps to achieve them, strategic goals in the field of green energy in oil and gas operations, decarbonization and energy transition.
The Minister of Ecology and Natural Resources of Azerbaijan Mukhtar Babayev, an honorary guest, spoke in detail about the work on environmental protection and restoration of ecological balance.
Energy
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Interest in the short-term capacity of the Trans Adriatic Pipeline (TAP) has increased significantly, Vugar Veysalov, head of the External Relations Department of the TAP consortium said at the Belgrade Energy Forum on May 15.
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In January-April 2024, Azerbaijan exported over 6.928 million tons of crude oil, according to customs declarations, the monthly report of the State Customs Committee of the Republic of Azerbaijan. According to the information, the value of crude oil exported from Azerbaijan over the past 4 months amounted to more than 4.364 billion dollars.
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In January-April 2024, oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline decreased to 9.606 million tons from 9.802 million in the same period of the previous year, the monthly report of the State Customs Committee of the Republic of Azerbaijan.
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The State Oil Company of Azerbaijan (SOCAR) and the Russian “Tatneft” signed a new roadmap for cooperation in Kazan, SOCAR President Rovshan Najaf announced on his Facebook page on May 15. "Within the framework of the XV International Economic Forum "Russia - the Islamic World: KazanForum 2024", we had a fruitful meeting with Nail Maganov, General Director of “Tatneft.” During the meeting, a new roadmap for cooperation was signed, and views were exchanged on various issues of mutual interest," Najaf wrote.
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