SOCAR President meets with representatives of World Economic Forum (PHOTO)

BAKU, Azerbaijan, March 15. On March 15, 2024,
President of the State Oil Firm of the Azerbaijan Republic
(SOCAR) Rovshan Najaf met with Espen Mehlum, Head of Vitality
Transition and Regional Acceleration Analysis on the World Financial
Discussion board, and René Van Heusden, Head of Oil and Gasoline Trade Affairs,
Pattern
experiences.

In the course of the assembly, representatives of the World Financial Discussion board
had been knowledgeable in regards to the transformation of SOCAR from an oil and fuel
firm into a world vitality firm and about different
strategic objectives outlined within the Company Technique till 2035. It
was famous that the vitality transition has been recognized as one among
the precedence areas for the corporate’s improvement, and the
significance of the paperwork signed between SOCAR and worldwide
accomplice firms.

In the course of the dialog, it was famous that COP29, which
Azerbaijan will host, will make an essential contribution to steps
to fight local weather change.

The events reviewed the probabilities of increasing cooperation
between SOCAR and the World Financial Discussion board, exchanged views on
problems with digitalization, decarbonization, discount of methane
emissions, in addition to different problems with mutual curiosity.