Bp Official: Green Energy Vital For Azerbaijan's Future
(MENAFN- AzerNews)
Nazrin Abdul
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At the Baku Energy Forum, Gary Jones, regional president of bp
for Azerbaijan, Georgia, and Turkiye reflected on the
transformative journey Azerbaijan has undertaken since the
inception of the "Contract of the Century" three decades ago,
Azernews reports.
Acknowledging the significant strides made, he emphasized the
prudent utilization of oil export revenues towards advancing green
energy initiatives.
Jones highlighted the enduring global reliance on oil and gas
while emphasizing the imperative to augment green energy
production.
He lauded the foresight of Azerbaijan's energy strategy, noting
its pivotal role in bolstering Europe's energy security through key
projects like TANAP, TAP, Southern Gas Corridor,
Baku-Tbilisi-Ceyhan, and Baku-Tbilisi-Erzurum pipelines, which
continue to underpin the country's economic growth.
Moreover, Jones underscored bp's commitment to this vision by
announcing a $200 million investment in solar electricity
production in Jabrayil and Nakhchivan. He emphasized the dual
significance of this endeavor: meeting domestic energy demands
while also contributing to global energy markets.
Jones expressed confidence in the successful completion of green
energy projects through collaborative efforts between governments
and companies.
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