Tuesday February 27 2024

bp: It is possible to supply low-intensity hydrocarbons through oil and gas pipelines

22 November 2023 16:49 (UTC+04:00)
bp: It is possible to supply low-intensity hydrocarbons through oil and gas pipelines
Qabil Ashirov
Qabil Ashirov
Read more

The Caspian Sea stands out and is in a really good position due to the transition to production based on renewable energy sources and the availability of less intensive hydrocarbons, Azernews reports, citing bp representative Christopher Mair telling at the Caspian Technical Conference and Exhibition (SPE Caspian Technical Conference and Exhibition).

He said that there is already a phenomenal export infrastructure that delivers oil and gas to the markets of Turkiye, Europe, and the world.

"There is an infrastructure that can be a channel for cheaper hydrocarbons in the future, and this infrastructure can be used. If we look at the density of wind energy on the shelf of the Absheron peninsula, we see that it is about 9 thousand kilowatt-hours per square metre. This can generally be compared with the south of the North Sea, Europe and even the eastern coast of the United States. In terms of solar energy, the density of solar radiation here is about 1500-2000 kilowatt-hours per square metre, which is no different from what is observed in northern Turkiye and Spain. Currently, investments are made in large-scale solar energy projects. I believe that the Caspian region, especially Azerbaijan, has every opportunity to continue the supply of hydrocarbons, as well as low-intensity hydrocarbons, through the oil and gas pipeline, using renewable energy sources. Azerbaijan plays a special role in this field," he added.

According to him, the electrification of the existing hydrocarbon production infrastructure is of great importance.

"Also, the correct use of technologies can lead to cost reduction. Therefore, special attention should be paid to this issue."


Follow us on Twitter @AzerNewsAz

Latest See more