BAKU, Azerbaijan, March 18. The State Oil
Company of Azerbaijan (SOCAR) has attracted worldwide
consulting firms to revise the “green” technique, Teymur Guliyev
from SOCAR mentioned through the panel dialogue inside the seminar
themed “Green Hydrogen – Path to Decarbonization”, Trend studies.
He famous that this course of might be accomplished inside six
According to him, the revision of the technique covers points
associated to low carbon emissions and the discount of greenhouse gasoline
Guliyev famous that Europe has excessive hopes for hydrogen and market
evaluation exhibits that its demand for hydrogen will improve.
“It’s anticipated that by 2030 the demand for hydrogen might be 20
million tons, 10 million tons of which might be produced in Europe,
and the remaining might be imported,” he mentioned.
Against this background, analysis is underway to move
hydrogen by means of the Trans-Adriatic gasoline pipeline, and this course of
is anticipated to be accomplished by 2024, added the official.
The seminar themed “Green Hydrogen – Path to Decarbonization”
has been held by means of the help of AREA and Japan International
Cooperation Organization (JICA).
During the seminar, points equivalent to vitality transition eventualities
for Azerbaijan, the potential for producing inexperienced hydrogen for
home use and export, in addition to the funding local weather within the
related space have been mentioned.