Baku: A contract has been signed between SOCAR’s ‘Azerigaz’ Production Union and the UAE’s ‘Esyasoft Holding’ LTD for the design, installation, and commissioning of a Smart Gas Network.

According to Azeri-Press News Agency, this agreement aims to enhance operational efficiency in gas distribution across Azerbaijan by utilizing advanced smart gas management technologies. The project is designed to optimize costs, reduce existing gas losses, and improve customer and public satisfaction with the services provided by ‘Azerigaz’ PU.

The project is set to span approximately 14 years, during which 2.5 million smart meters will be installed and system support phases will be executed. An investment of 480 million US dollars is planned to facilitate the digitalization of the network. This includes the installation of smart pressure and temperature sensors, the establishment of a Digital Solutions Lab, personnel training in advanced technologies, international knowledge exchange, application of artificial intelligence, secure data placement within the Government Cloud, and the construction of a modern control center.

Consumers are expected to experience benefits such as more accurate billing, real-time usage monitoring, faster issue resolution, remote services, and easy access to consumption data via digital platforms.

This contract follows a cooperation agreement signed last year during COP29 in Baku between SOCAR and ‘Esyasoft Holding’ LTD. The agreement was formalized by SOCAR President Rovshan Najaf, Director General of Azerigaz PU Azer Mammadov, and Group CEO of ‘Esyasoft Holding’ LTD Bipin Chandra.