SOCAR, Azerbaijan's national oil company, and Tree Energy Solutions (“TES”), a global green energy company, signed a Joint Study Agreement (JSA) to explore the development of an electric natural gas (e-NG) project in Azerbaijan.
The document was signed as part of the ongoing COP29 climate conference in Baku, News.Az reports.This agreement will enable both companies to assess the technical, economic, and commercial feasibility of implementing TES’s cutting-edge upstream module technology in the region.
Azerbaijan, with its strategic location and SOCAR’s extensive energy experience, offers an ideal environment for exploring the production of this innovative green molecule and potentially scaling up e-NG production for broader applications. e-NG produced in Azerbaijan could be delivered to Europe via the existing gas network infrastructure, such as the Southern Gas Corridor.
