TotalEnergies has been a reliable, committed and forward looking investor and partner in Azerbaijan since 1996 focusing on gas supplies to local market and diversifying it renewable energy portfolio.
Key Figures
Our businesses in Azerbaijan
More energies
Gas & green gas
TotalEnergies has been present in Azerbaijan since 1996, where it owns a 35% stake in the Absheron gas and condensate field and holds a 5% stake in the Baku-Tbilisi-Ceyhan (BTC) pipeline.
Located in the Caspian Sea, 100 km south-east of Baku, the Absheron field holds approximately 140 billion cubic meters of recoverable gas reserves. A first development phase, with a production capacity of 1.5 billion cubic meters per annum (BCMA) of gas and 12,000 barrels per day of condensate, was successfully put on stream in 2023.
The Absheron Full Field development will increase overall field production to 6 BCMA and 47,000 barrels per day of condensate. Project is expected to start-up in 2029. Gas will be both supplied to the domestic market and exported to Turkey through the existing gas infrastructure connecting Azerbaijan to the European gas market, therefore strengthening regional energy security.
The project stands out for its innovative design and low carbon footprint. Gas will be produced by 4 subsea wells, transported to shore through a subsea pipeline equipped with advanced automation solutions and processed in a new onshore plant, fully electrified and designed to minimize energy consumption and greenhouse gas emissions. As a result, the scope 1 & 2 greenhouse gas emissions intensity of the project stands below 4 kg CO2e/boe.
Renewables & electricity
In June 2023, we signed a Memorandum of Understanding with the Ministry of Energy of the Republic of Azerbaijan for the development of wind and solar projects with a capacity of 500 MW combined with energy storage systems projects for the national electricity grid.
Less carbon
Exploration & Production
We signed a cooperation agreement with SOCAR (State Oil Company of the Republic of Azerbaijan) to carry out drone-based methane detection and measurement campaigns. Through this Cooperation Agreement, TotalEnergies and SOCAR reaffirm their commitment to work together to implement best practices for reducing greenhouse gas emissions, with a particular focus on methane. In December 2023, the first methane detection campaign was carried out on Absheron facilities on Oil Rocks.
With our customers
BtoB customers
We are active in Azerbaijan through our affiliate Saft, which markets storage and backup batteries to industrial customers in the country. Saft batteries are mainly used by railway, civil aviation and oil industry in Azerbaijan.
We also market automotive and industrial lubricants in Azerbaijan through our Turkiye office.
