Naftogaz, SOCAR exploring prospects of storing Azerbaijani gas in Ukraine

Ukrainian company Naftogaz is negotiating with the State Oil Company of Azerbaijan (SOCAR) on the possible transit of Azerbaijani gas through Ukraine [to Europe] and its storage in this country, Naftogaz CEO Oleksiy Chernyshov said in an interview with a Ukrainian publication, Report informs. He stated that Kyiv does not intend to extend the current…

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Baku brings about creating renewable energy plants with Masdar

Agreements for green energy projects totaling 1,000 MW in installed capacity have been signed during the visit of Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar Company, to Baku, Trend reports via the Ministry of Energy of Azerbaijan. Specifically, an “Addendum to the Investment Agreement” was signed between the Ministry…

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