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BAKU, Azerbaijan, August 31.
Azerbaijan and France’s TotalEnergies mentioned the event of
cooperation on inexperienced vitality initiatives, Pattern reviews.
In accordance with the Ministry of Vitality of Azerbaijan,
Vitality Minister Parviz Shahbazov met with a delegation led by
TotalEnergies CEO Patrick Pouyanne.
On the assembly, satisfaction was expressed with the
commissioning of the Absheron fuel area with excessive manufacturing
indicators in addition to cooperation with TotalEnergies. The
significance of the Absheron fuel area in fulfilling Azerbaijan’s
obligations as an vitality provider was emphasised, specifically the
function of pure fuel in making certain vitality safety.
As well as, there was an alternate of views on the
growth of the processes of the Section 1 mission.
Through the dialog, along with points associated
to the actions of TotalEnergies within the hydrocarbon sector of
Azerbaijan, the implementation of wind and photo voltaic vitality initiatives
with a complete capability of 500 MW and vitality storage methods had been
additionally mentioned.
The present standing of initiatives associated to the
manufacturing, integration, and export of electrical energy from renewable
vitality sources in our nation was additionally reviewed, alternatives for
cooperation had been thought-about, and the events agreed on additional
steps.
The ceremony of supplying the primary fuel from the
Absheron fuel condensate area passed off as we speak. TotalEnergies,
along with the Azerbaijan State Oil Firm (SOCAR), introduced
the beginning of manufacturing as a part of the primary section of growth
of the Absheron fuel condensate area, situated about 100 kilometers
southeast of Baku.
In accordance with preliminary estimates, the reserves of
the sector quantity to about 300 billion cubic meters.
The manufacturing capability is 4 million cubic meters
of fuel and 12,000 barrels of condensate per day. The fuel will likely be
bought on the home market in Azerbaijan.
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