Country report
Azerbaijan 2021

Oil and gas continue to dominate Azerbaijan’s economy and provide most export and government revenue. While these resources have helped raise the country’s living standards remarkably since the late 1990s and remain plentiful, the long-term outlook for this economic model is becoming uncertain. This report assesses the energy sector and related economic challenges facing Azerbaijan and proposes several ways to respond by increasing the efficiency and diversity of domestic energy supply and use.
Thank you for subscribing. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter.