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World Bank eyes funding for Azerigaz methane leak reduction initiative
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AzerNews - News from Azerbaijan, Business, Energy, Analysis
30 January 2026 10:44 (UTC+04:00)Nazrin Abdul Read moreThe World Bank is considering providing support for a gas leak detection project in Azerbaijan titled the “Azerigas Gas Leak Detection and Repair Facility,” Azernews reports, citing the Bank.
The project aims to reduce methane emissions caused by leaks in the gas distribution network operated by Azerigaz, while also strengthening the company’s capacity in asset management.
This mechanism will be launched using an initial grant from the Global Flaring and Methane Reduction Partnership (GFMR) Trust Fund.
Funds for agreed leak detection and repair activities aimed at the phased reduction of methane emissions will be channeled from SOCAR to Azerigaz.
Measures will be prioritized based on cost, complexity, impact, and other relevant factors to ensure maximum emissions reduction per dollar spent.