Baku 7° C
SOCAR and Tree Energy Solutions ink Joint Research Agreement
COP29
- 21 November, 2024
- 13:04
A Joint Research Agreement was signed between the State Oil Company of Azerbaijan (SOCAR) and the global green energy company Tree Energy Solutions (TES) to explore the development of an electric natural gas (e-NG) project in Azerbaijan, Report informs, citing SOCAR.
According to the document signed on the sidelines of COP29 in Baku, joint activities are planned to evaluate the technical, economic, and commercial feasibility of implementing TES's advanced upstream modular technology in the region.
Azerbaijan's strategic position and SOCAR's extensive energy experience create favorable opportunities for e-NG production in the country. Additionally, e-NG produced in Azerbaijan can be delivered to Europe via the Southern Gas Corridor.
Author
Latest News
11:30
Armenia sees change in public sentiment as key to peace with Azerbaijan
Region11:29
Mikayil Jabbarov: Tax system reforms among main directions of state policy
Finance11:27
Azerbaijani official outlines key priorities of country's economic policy
Finance11:16
Sharifov: Azerbaijan building adaptive economic governance model
Finance11:14
Sharifov: Azerbaijan among countries with stable fiscal policy
Finance11:12
Harutyunyan: Armenian citizens don't fully understand importance of TRIPP for country's security
Region11:09
Yerevan concerned about Iran crisis impact on regional economy
Other countries10:58
Israel urges residents of southern Lebanon to evacuate due to operations against Hezbollah
Other countries10:52
Photo