The Azerbaijani leader of energy promises: “By 2035 it ends with hydrocarbons”

From & nbspRebecca Maklaflin-Ashham

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Afgan ISayev Vice -President said that the company should overcome network restrictions, elderly infrastructure and obstacles to the supply chain to expand renewable energy sources. “By 2035, we will become a national energy company … with a balanced portfolio,” he told Euronews.

This change requires huge investments in infrastructure, digital technologies and new renewable energy projects. Long -term procurement agreements remain central for financial stability, while acquisitions in the Middle East and Europe expand the global range of the company. With these steps, Socar seeks to ensure growth, modernize its functions and fulfill Azerbaijan’s obligations for viability.

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