President of Azerbaijan hopes for first volumes of natural gas from ACG field this year
Energy
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"As far as I know, COP29 was the first global climate change event , but the President of the European Commission did not attend it, although the Commission’s President had confirmed participation a couple of months before the event," said President Ilham Aliyev in an interview with Azerbaijani TV channels on January 7.
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The total volume of Azerbaijani gas transported via the TANAP pipeline to and then to Europe (via the TAP pipeline) by January 1, 2025, amounted to 73.54 bcm, Elchin Ibadov, CEO of SOCAR Turkiye Enerji, reported at a press conference in Istanbul. "The total commercial gas volume delivered to Türkiye was 30.8 bcm, and to Europe – 42.74 bcm," Ibadov explained.
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In 2024, 550 million kWh of "green energy" was produced in Karabakh and Eastern Zangezur, the Azerbaijan Energy Company (Azərenerji) reported.
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Repair and modernization works at the STAR refinery in 2024 were successful, and as a result, the refinery’s processing capacity has been increased to 13 million tons per year, Elchin Ibadov, CEO of SOCAR Turkiye Enerji, said at a press conference in Istanbul.
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