TotalEnergies, SOCAR and XRG announced final investment approval for Absheron full-field development on September 26. Start-up is expected in 2029, with total field gas output targeted at 6 billion cubic metres annually.
Plans include four subsea wells and a new onshore processing plant. Gas will serve Azerbaijan’s domestic market and Türkiye. The additional capacity is not operational; the initial phase has produced since 2023.
In an IEA scenario, electricity could cost-effectively supply 33 percent of final energy use by 2035; projected import savings are not realized outcomes.
The utility’s long-term plan projects lower emissions despite rising electricity demand; its solar, battery and reverse-osmosis targets are not completed outcomes.
Emirates News Agency (WAM), citing Emirates Water and Electricity Company (EWEC)4 min read
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