Azerbaijan's SOCAR plans to diversify into low-carbon energy, signing 20+ global partnerships.

Azerbaijan's state oil company, SOCAR, plans to diversify its energy portfolio, moving from traditional oil and gas to include low-carbon and alternative energy sources. The company has signed over 20 cooperation agreements with global partners to advance in areas like digital transformation, AI, and emissions reduction. SOCAR aims to meet growing energy demands while reducing environmental impact, focusing on sustainable innovation.

6 weeks ago
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