BP shows big interest in working on the liberated territories, particularly, in the district of Jabrayil – Azerbaijani President

“I would like to say that our electric energy is needed for the regional markets and probably, we can go now even further, now to Europe, because today we export electric energy to four neighboring countries – Turkiye, Russia, Georgia and Iran. The capacity is growing. So, the more renewable sources of energy we have in Azerbaijan, the more we will save gas for export,” said President of the Republic of Azerbaijan Ilham Aliyev at the 8th Ministerial Meeting of the Southern Gas Corridor (SGC) Advisory Council which was held at Gulustan Palace, Baku, on February 4, 2022, APA reports.

“For instance, the power station, which I did mention, wind power station will save us about 200 or 300 billion cubic meters of gas, which is a good amount and can make a serious change for those countries which do not have big consumption. So, our “green energy” strategy is now in the final stage of not only assessment, but also planning. We have a special program for liberated territories. Our minister of energy together with leading companies, international companies already prepared a conceptual outlook for “green energy” zone in Karabakh and Eastern Zangazur. We already made the international assessment of the potential of renewable sources in Karabakh and Eastern Zangazur and preliminary figures are very promising. It’s about 7,200 megawatt potential in wind energy, and more than 2,000 megawatt potential in solar energy. By the way, I also would like to inform you that our strategic partner in oil and gas – BP shows big interest in working on the liberated territories, particularly, in the district of Jabrayil. We are already in the phase of negotiations with BP on the construction of the renewable source of energy there- more than 200 megawatts,” said Azerbaijani President.

Source: Azeri-Press News Agency