Development of Absheron field to increase production potential of Azerbaijan - SOCAR President

The development of the "Absheron" gas-condensate field will increase the production potential of Azerbaijan, the President of State Oil Company (SOCAR), Rovshan Najaf, said at the meeting with the Executive Director of Low Carbon Solutions and International Growth Directorate at Abu Dhabi National Oil Company (ADNOC), Musabbeh Al Kaabi, Report informs, citing SOCAR.

The meeting also discussed the current status of the Absheron project, progress on its next phase, low carbon solutions and renewable energy projects. In this regard, it was noted that ADNOC has boosted the development of renewable energy on a global scale with its investment in Masdar, and other issues of mutual interest were exchanged.