Azerbaijan plans to export green hydrogen - President Ilham Aliyev

Azerbaijan plans to export green hydrogen, President of Azerbaijan Ilham Aliyev said during his speech at the opening of the 10th Global Baku Forum themed "The World of Today: Challenges and Hopes", Trend reports.

"We export oil, oil products, natural gas, electricity, petrochemicals to international markets, including European markets. Last December, there was also a remarkable event taking place in Bucharest, when Azerbaijan, Georgia, Hungary and Romania signed an Agreement on green energy and transmission, which was witnessed by the President of the European Commission. And based on that, we will build a transmission line from offshore wind farms in Azerbaijan to Europe. Part of this transmission line will go under the Black Sea. And now we are in the process of feasibility study.

The first Steering Committee of this project took place in Baku this February, and it will be a huge change of European energy map. We already changed European energy map by building oil pipelines, gas pipelines, and now electric lines, which will deliver green energy. I just want to inform you that since we had the last - 9th Global Baku Forum, Azerbaijan signed contracts and MOUs with several leading energy companies of the world, which will provide creation of 25 gigawatts of green energy in Azerbaijan, solar and wind. So, this is a remarkable achievement, which will transform Azerbaijan into a very important supplier and player on international green energy market. We are planning to export green hydrogen. The IFC already approved the final assessment of our offshore wind potential in the Caspian Sea, which is 157 gigawatts, not to mention about 40 onshore," President Ilham Aliyev said.