Azerbaijan plays major role in world's secure energy supply, says ADNOC Executive Director

Azerbaijan plays major role in world
# 05 June 2024 15:54 (UTC +04:00)

Azerbaijan has a vital role on the global scale in terms of ensuring the world with safe, reliable and affordable energy," Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth Directorate at ADNOC, said on the first day of the Baku Energy Forum held today, APA-Economics reports.

He underlined that Azerbaijan has always played a major role in this direction: "We see the potential for the region to play a greater role in the future. Looking at the energy landscape, it is obvious that there is population growth and economic growth, and more energy is required for this. The biggest challenge for companies like us is to decarbonize today's energy and invest in tomorrow's energy."

"For traditional energy producers like ADNOC, it is very important for Azerbaijan to host the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29). We must also think about meeting the huge energy demand that will arise soon. To meet the growing energy demand over time, natural the demand for decarbonization and adoption of gas, hydrogen and renewable energy will also increase," the executive director added.

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