Vídeo: Diversificação do gás na UE e empenho do Azerbaijão em energia verde na agenda das reuniões de Baku

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I think the performance of the countries with fossil fuels must be judged by how they address the issue of Environmental Protection how they uh address the issue of green Transition aaban a land where Eastern Europe meets Western Asia it’s home to over 10 million people with half of them being based in bustling Baku said on the Caspian Sea the country is rich in oil and natural gas resources and has hosted the 10th Southern gas Corridor and second green energy advisory Council

Ministerial meetings high on the agenda was discussion about the expansion of the corridor a crucial route of gas supply diversification for the EU and its neighboring countries addition so we started to build this partnership between countries between companies inviting uh leading international financial institutions to support us with their financing and um

3,500 kilom long pipeline is now a reality aaban last year increased their gas exports by 9% up to 22 billion cubic meters currently their main buyers in Europe include Italy Greece Romania Hungary and Bulgaria started there are many uh new uh partner countries who are willing to receive um even additional

Volumes of natural gas despite the fact that we are transitioning away from fossil fuels but uh this takes some decades uh now we want to well establish also the future proof cooperation and that collaboration as well as transition to green and renewable energy was also discussed as

President alv called for a change in the narrative when judging countries with fossil fuel we do it not because we lack traditional resources but because we want to contribute using the financing using the revenues which we get from oil and gas sales to invest in Renewables and to create a common

Understanding about the need for thatting it’s a sentiment that has EU backing couple of years ago European Union launched the global methane pled and this is exactly uh to cut methane emissions which is second most poent greenhouse gas from the oil and gas industry and aan joined this pledge last

Cop so um this shows that they are behaving responsibly and on top of that uh with all these offshore development plans they can replace domestic electricity production and the use of wind farms in the Caspian Sea looks set to play a pivotal role in the green transition energy is a crossborder thing

Take aaban they want to build lots of offshore wind farms in the Caspian Sea they won’t consume that energy themselves they’ll send it through a new power cable that will be built across the Caucasus under the Black Sea into Europe This is international cooperation you can only do things like this when

The governments come together and they come together with the industry who’s going build it SOA the state Oil Company of the Republic of aaban is already implementing strategies to accelerate lower carbon Solutions and decarbonization Technologies we all understand that um oil and gas uh industry will continue to

Provide a very vital sustainable and reliable in a sustainable way reliable energy and help us to basically transition to cleaner sources of energy you know that that carbon border adjustment mechanism starts to penalize the exporters uh or importers into EU starting from 2026 fertilizers are there so we’ like to explore the opportunities

Of decarbonizing our production of fertilizers as well president alv was also passionate about the wider effects of climate change as the country prepares to host this year’s cop 29 we see the implication and dangerous implication of the climate change less water in our rivers less snow in

Our mountains less water in the Caspian Sea and if we don’t address this issue uh with passion and with a commitment then all of us will suffer so renewable projects agenda of aeran is very ambitious an ambitious plan indeed for aan and The Wider Global energy industry