SOCAR and Asian Development Bank Explore Potential Cooperation Opportunities

Rovshan Najaf, President of the State Oil Company of Azerbaijan (SOCAR), held a meeting with Sunniya Durrani-Jamal, ADB Country Director for Azerbaijan, to discuss current and potential opportunities for collaboration between SOCAR and the Asian Development Bank (ADB).

They discussed matters related to the implementation of joint initiatives aimed at accelerating the transition to renewable energy sources, The Caspian Post reports citing Azertac.

During the meeting, Rovshan Najaf shared details on SOCAR's decarbonization goals and initiatives in line with the Sustainable Development Goals (SDGs).

The parties also explored areas of mutual interest, including the growth of renewable energy projects and expanding efforts to reduce carbon emissions.