SOCAR and TotalEnergies discuss emissions cuts and Absheron gas field FID at Baku investment forum

At the second Azerbaijan International Investment Forum in Baku, SOCAR President Rovshan Najaf met with TotalEnergies executives to discuss closer cooperation on cutting carbon emissions and advancing the energy transition. The talks also highlighted the need to reach a final investment decision on the full-scale development of the Absheron gas and condensate field, which both companies see as central to their long-term partnership. Najaf said the joint projects support Azerbaijan's energy potential and strengthen regional and global energy security. The meeting signals that while both companies are framing gas development as part of the transition, the actual emissions reduction plans remain vague. No specific targets or timelines were disclosed, so the next step is watching whether the FID and any concrete decarbonization measures follow.