Azerbaijan's natural gas resources to increase by 35 percent by 2060 - World Bank

Azerbaijan
# 29 November 2023 15:50 (UTC +04:00)

"In a domestic net-zero scenario, natural gas resources available for export are projected to increase by 35 percent by 2060 as a smaller share of the gas production is consumed domestically," stated at "Country Climate and Development Report" of World Bank Group, APA reports.

"Domestic decarbonization investments would raise energy system costs only modestly (by up to 13 percent by 2060 in the net-zero scenario) if coupled with energy subsidy removal.

At the same time, these investments would allow a continued reduction in domestic natural gas consumption and a significant increase in energy resources available for exports," noted at the report.

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