Azerbaijan, Italy Forge Agreement For Eco-Friendly Pyrolysis Oil Project


(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 4. Azerbaijan's state-owned Azerbaijan investment Company OJSC, SOCAR Downstream Management LLC, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), and Italy's TechnipEnergies S.p.A. have signed a joint agreement to implement a pyrolysis oil production project, the nation's Minister of Economy and SOCAR Supervisory Board Chairman Mikayil Jabbarov wrote on his X page, Trend reports.

He noted that executing the green project worth 97 million euro, will significantly enhance waste recycling, improve industrial production, and reduce carbon emissions.

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Trend News Agency

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