Development trends in the Azerbaijan oil and gas sector: Achievements and challenges

Aitor Ciarreta; Shahriyar Nasirov

doi:10.1016/j.enpol.2011.10.002

Development trends in the Azerbaijan oil and gas sector: Achievements and challenges

Aitor Ciarreta, Shahriyar Nasirov

Research output: Contribution to journal › Article › peer-review

24 Scopus citations

Abstract

This article is study of Azerbaijan oil and gas industry. It illustrates the business climate, the impact of this sector on Azerbaijan's economy including role of SOFAZ and highlights recent developments in the energy production and the main concepts of Azeri PSAs (2009). Meanwhile, the article establishes the government policy by indentifying several factors that influenced to attract foreign investment to oil and gas sector and examines significant challenges that still remain for further development of the country's oil industry.

Original language	English
Pages (from-to)	282-292
Number of pages	11
Journal	Energy Policy
Volume	40
Issue number	1
DOIs	https://doi.org/10.1016/j.enpol.2011.10.002
State	Published - Jan 2012
Externally published	Yes

Keywords

Oil and gas industry
PSA
Regulation

Access to Document

10.1016/j.enpol.2011.10.002

Cite this

@article{4ec0e9c517c04acfa1e9f9dcdc4ca04a,

title = "Development trends in the Azerbaijan oil and gas sector: Achievements and challenges",

abstract = "This article is study of Azerbaijan oil and gas industry. It illustrates the business climate, the impact of this sector on Azerbaijan's economy including role of SOFAZ and highlights recent developments in the energy production and the main concepts of Azeri PSAs (2009). Meanwhile, the article establishes the government policy by indentifying several factors that influenced to attract foreign investment to oil and gas sector and examines significant challenges that still remain for further development of the country's oil industry.",

keywords = "Oil and gas industry, PSA, Regulation",

author = "Aitor Ciarreta and Shahriyar Nasirov",

note = "Funding Information: We thank MICINN (SEJ2006-06309 and ECO2009-09120), Gobierno Vasco (DEUI, IT-313-07) and Okrestra for their financial support. Finally, we are very grateful to Elnur Soltanov from ADA, Elmeddin Hasanov from BP and Khagani Guliyev from European Parliament for their useful comments and suggestions. ",

year = "2012",

month = jan,

doi = "10.1016/j.enpol.2011.10.002",

language = "English",

volume = "40",

pages = "282--292",

journal = "Energy Policy",

issn = "0301-4215",

publisher = "Elsevier BV",

number = "1",

}

TY - JOUR

T1 - Development trends in the Azerbaijan oil and gas sector

T2 - Achievements and challenges

AU - Ciarreta, Aitor

AU - Nasirov, Shahriyar

N1 - Funding Information: We thank MICINN (SEJ2006-06309 and ECO2009-09120), Gobierno Vasco (DEUI, IT-313-07) and Okrestra for their financial support. Finally, we are very grateful to Elnur Soltanov from ADA, Elmeddin Hasanov from BP and Khagani Guliyev from European Parliament for their useful comments and suggestions.

PY - 2012/1

Y1 - 2012/1

N2 - This article is study of Azerbaijan oil and gas industry. It illustrates the business climate, the impact of this sector on Azerbaijan's economy including role of SOFAZ and highlights recent developments in the energy production and the main concepts of Azeri PSAs (2009). Meanwhile, the article establishes the government policy by indentifying several factors that influenced to attract foreign investment to oil and gas sector and examines significant challenges that still remain for further development of the country's oil industry.

AB - This article is study of Azerbaijan oil and gas industry. It illustrates the business climate, the impact of this sector on Azerbaijan's economy including role of SOFAZ and highlights recent developments in the energy production and the main concepts of Azeri PSAs (2009). Meanwhile, the article establishes the government policy by indentifying several factors that influenced to attract foreign investment to oil and gas sector and examines significant challenges that still remain for further development of the country's oil industry.

KW - Oil and gas industry

KW - PSA

KW - Regulation

UR - http://www.scopus.com/inward/record.url?scp=84855730678&partnerID=8YFLogxK

U2 - 10.1016/j.enpol.2011.10.002

DO - 10.1016/j.enpol.2011.10.002

M3 - Article

AN - SCOPUS:84855730678

SN - 0301-4215

VL - 40

SP - 282

EP - 292

JO - Energy Policy

JF - Energy Policy

IS - 1

ER -

Development trends in the Azerbaijan oil and gas sector: Achievements and challenges

Abstract

Keywords

Access to Document

Fingerprint

Cite this