Azerbaijan looks to gas as oil's importance wanes

The oil industry will contribute modestly to OPEC's cuts as the government looks to alternative foundations for growth

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In this article

  • SOCAR oil mostly refined locally
  • Cuts borne by BP-led consortium
  • Fiscal pressures
  • Rising inflation
  • Towards diversification
  • Hopes placed in gas
  • Export routes for gas

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.