Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Seita Hagihar, President of Yokogawa Europe B.V. and Vice President of Yokogawa Electric Corporation, to discuss strategies for reducing emissions and improving energy efficiency.

A groundbreaking initiative to green the Middle Corridor will be introduced at COP29, set to take place in Azerbaijan this November.

Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix decreased slightly on the year, the industry's Statistical Review of World Energy report said on Thursday, News.Az reports citing Reuters.