Azerbaijani Energy Minister Addresses Cooperation with UAE

| News, Economy, Azerbaijan

In an interview with the Emirates News Agency on February 22, Parviz Shahbazov, the Minister of Energy of Azerbaijan, said his country and the UAE share deep-rooted relations, most notably in the energy sector.

Shahbazov noted that the Janub Thermal Power Plant, co-financed by the Abu Dhabi Fund for Development, is one of his country's key infrastructure projects in the energy sector, noting that its production capacity is 780 megawatts (MW). "Azerbaijan has signed several agreements on electricity investment, purchase, and transfer with Masdar, the Abu Dhabi Future Energy Company, for the Garadagh Solar Power Plant, located 60 to 70 kilometers from the capital, Baku," he added.

Shahbazov emphasized his nation's desire to strengthen its partnership with the UAE through Masdar, noting that the two parties have signed an agreement to start a significant project to generate 4,000 MW of electricity, whose first phase will include an onshore solar power plant, a wind power plant with a 1 GW production capacity, in addition to an offshore wind power plant with a capacity of 2,000 MW. 

The minister stressed that the project is being implemented as part of his country's plan to add 6 GW to its current capacity, noting that Azerbaijan aims to export green energy to neighboring countries and will cooperate with Masdar to produce additional quantities of energy, including green hydrogen.

Speaking about the importance of the 2023 United Nations Climate Change Conference and its role in promoting energy transition, he said that the event would help drive international efforts to achieve energy transition around the world, and the cooperation between the UAE and Azerbaijan is significantly contributing to this process. On Azerbaijan's plans to develop its renewable energy sector, Shahbazov affirmed that his country has over 200 years of experience in oil extraction, has started producing and exporting natural gas, and plans to engage in green energy projects.

"Azerbaijan is committed to reducing its carbon emissions to 40 percent by 2044 and is establishing a specialist zone to produce green energy and achieve carbon neutrality by 2050, supported by its related cooperation with the UAE," the official explained. "It also aims to double its natural gas exports in the coming years, as well as enhance its international stature among green energy providers," he concluded.

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