Gas Exporting Countries Forum Logo
  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
  • RSS Feeds
  • Search
    Search

AzerbaijanAzerbaijan Observer

The city of Baku is the capital and the country’s largest city. The national language is Azerbaijani. Azerbaijan shares borders with Iran, Turkey, Russia, Georgia, and Armenia. The eastern shores of the country are greeted by the waters of the Caspian Sea.

The exclave of Nakhchivan is an autonomous republic of Azerbaijan, located in the southern part of the Transcaucasian plateau. It is bordered by Armenia to the north and the east, Iran to the south and the west, and Turkey to the west. The Republic, which is mostly mountainous except for a plain in the west and southwest, lies to the east and north of the middle Aras River, which forms the frontier with Iran and Turkey.

Close to 60 percent of the territory of Azerbaijan contains mountainous terrains. The principal geomorphological structures of the Azerbaijani Republic – the Greater Caucasus, the Lesser Caucasus, with Garabagh plateau, and Talysh Mountains – surround the Kur-Araz lowland in the north, the west, and the southeast. The Nakhichevan Autonomous Republic is situated in the mid-course of the River Araz and within the boundaries of the Zangezur and Daralayaz mountain ranges, edged by the river.

The President of the Republic of Azerbaijan is HE Mr İlham Aliyev. The Prime Minister is Mr Ali Asadov and Minister of Energy is Mr Parviz Shahbazov.

Through the decades, the local industry was successfully represented by oil producing, petrochemical, and oil processing enterprises and Azerbaijan’s agricultural industry is famous for cotton-growing, viticulture, vegetable growing, and cattle-breeding.

Azerbaijan is currently involved in the implementation of huge energy projects. Oil and gas projects are being successfully implemented in the Azeri-Caspian sector. Azerbaijan is crucial to the economy of the Caspian and Caucasian regions, particularly in the development of the transport infrastructure in the Caucasus and the implementation of energy projects. It was the region's first country to explore its huge energy potential, to form a new economic model in the regional development, and to expand political and economic relations between Europe and Asia.

Azerbaijan is a member of the United Nations, the Organisation of Security and Cooperation in Europe (OSCE), the Council of Europe (CE), the Commonwealth of Independent States (CIS), Organisation for Democracy and Economic Development (GUAM), and the Black Sea Economic Collaboration (BSEC). Azerbaijan also actively cooperates with the European Union, NATO, International Monetary Fund, European Bank for Reconstruction and Development, the Islamic Development Bank, among others.

Major Indicators

Land (sq.km) 86,600
Population (inhabitants) 9,942,334
Capital Baku
Continent Euroasia
Language(s) Azerbaijani (official)
National currency Azerbaijani Manat
Time Zone GMT+4
Labor force (inhabitants) 5,058,498
GDP (current billion US$) 46.94
GDP per capita (current US$) 4,721.18
GDP growth (percentage) 1.41
Exports of Goods and Services (current billion US$) 25.48
Proven natural gas reserves (billion c.m.) 1,435
Natural gas marketed production (billion c.m.) 18.62
Pipeline exports (billion c.m.) 9.19
Domestic natural gas consumption (billion c.m.) 10.79

Location

  • Share
  • Share Facebook
  • Share Twitter
  • Share LinkedIn
  • Share Email