“Azerbaijan is today demonstrating its determination to move towards renewable energy and contribute to the safe energy transition, not only in this region, but also in the world,” said Parviz Shabanov, Minister of Energy of Azerbaijan, speaking at Get 2024 in Milan. “Our national energy policy,” he continued, “aims to maximize green growth and over $2 billion in investments are expected to increase the share of planned capacity to 33% by 2027” in renewables. “Significant progress is also coming in creating energy corridors for export,” Shabanov continued. The three-day Global Energy Transition Congress & Exhibition in Milan has opened a debate between the Ministers of Energy of some major global economies. Antonio Manda, permanent secretary of the Ministry of Mineral Resources and Energy in Mozambique, for example, recalled that the country is “helping other countries transport gas and LNG around the world today.
However, the cost of living is rising and because of this we are having difficulty getting investment from other countries. For large energy projects, we need developed countries to help us.” Doris Uzoka-Anite, Nigeria’s Minister of Trade and Investment, also called for greater international collaboration on natural gas and LNG, key components of the energy transition. “It has become a priority to invest in gas as a transition energy resource. We believe this will be a huge catalyst to drive economic development in this region,” she said. Finally, Musadik Malik, Pakistan’s Minister of Energy, warned the international community against a partial and selective energy transition. “If you don’t take into account the developing world and the key issue of affordability, then what do you think will happen? We need to make clean energy technology and financing available to developing countries,” Malik said.
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