Discussions Ongoing for the Construction of a Pipeline Between Turkmenistan and Afghanistan

The State Oil Company of Azerbaijan (SOCAR) has received a sustainability rating of BBB for 2024 from MSCI, a leading international rating agency focused on ESG (Environmental, Social, and Governance) criteria.

From January to September of this year, 164 million 926 thousand barrels of oil were transported through the Baku-Tbilisi-Ceyhan (BTC) pipeline,  a 4% decrease compared to the same period last year, "BOTAŞ," the operator of oil and gas pipeline transportation in Türkiye reported.

Since its commissioning, the Garadagh solar power plant has produced 458.8 million kWh of electricity, the Ministry of Energy of Azerbaijan reported. According to the information, the plant, which was officially inaugurated on October 26 last year, is considered a source of "green" energy. It is noted that the total capacity of the plant, built by “Masdar” from the United Arab Emirates, is 230 MW.

Turkmenistan is looking to increase the export of electricity to European countries through Azerbaijan, the country's Minister of Energy Annageldi Saparov said during the "Oil and Gas of Turkmenistan - 2024" conference.