SOCAR inks co-op agreement with Italgas

The State Oil Company of Azerbaijan (SOCAR) and Italy's Italgas company signed a cooperation agreement on November 12 within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, Report informs, citing the SOCAR.

The agreement was signed by SOCAR's Vice President Elshad Nasirov and Italgas CEO Paolo Gallo.

The companies will cooperate in exchanging advanced experience and technologies to accelerate energy transition and digitalization, as well as infrastructure decarbonization through gas leak detection using Picarro technology, and digitalization of the process through existing flexible methodology.

The document serves to strengthen the strategic partnership between the parties aimed at promoting innovation, efficiency, and sustainability in the gas distribution sector.