Industry

Reserves are large — the question is the depth of processing The sector’s real scale: how much metal? In the statistical classification, copper, silver, alunite and gold ores form a separate non-ferro...

Baku has built sorting and waste-to-energy infrastructure, but the country remains better at counting the rubbish it removes than the raw materials it returns to production. Without regional logistics...

Azerbaijani crude is becoming an increasingly scarce commodity. That is both raising its value and threatening its future. Azeri Light, exported mainly through the Baku–Tbilisi–Ceyhan pipeline, remain...

Azeri–Chirag–Gunashli, the offshore field complex that has served as Azerbaijan’s principal source of oil revenue for nearly three decades, is entering a new economic phase. Rather than pursuing rapid...

The merger of Azeripek and Azerkhalcha is intended to bring raw-material production, processing, craft heritage and exports under a single state roof. Yet the industry’s main problem is not its organi...

How maturing fields are reshaping the country’s budget, exports and economic model A new Caspian platform is slowing the depletion of the country’s largest oil asset, but it is not changing the direct...

SOCAR’s 2025 figures portray a company of enormous scale, but they do not settle the question of earnings quality. Azerbaijan’s state oil company generated AZN 86.3bn — about $50.8bn — in revenue, yet...

A decline in global consumption will not necessarily make oil cheaper immediately. As long as the Strait of Hormuz remains closed, supply is falling faster than demand. For Azerbaijan, this means a te...

GL Group, Azerbaijan’s first private oil and gas group, announced on July 23 that it had completed the acquisition of production assets at four oil and gas fields located near Midland, Texas. As a res...

Azerbaijan’s non-oil and gas economy generated all of the country’s gross domestic product growth in the first half of 2026, offsetting a continued decline in the oil and gas sector. However, a sharp...

The first half of 2026 marked a period of cautious optimism for Azerbaijan's industrial sector. Following mixed performance last year, many manufacturing industries returned to positive growth, while...

Economic Efficiency, International Competitiveness, and Development Prospects In the oil and gas industry, the value chain is conventionally divided into three stages: exploration and production, refi...

The Azerbaijan Standardization Institute (AZSTAND) adopted a number of new state standards for the furniture industry in 2026. At first glance, this may appear to be a purely technical and regulatory...

The sharp rise in profits at Azerbaijan’s state-owned mining company AzerGold in 2025 is more than a corporate success story. It is another signal of how Azerbaijan is gradually building a new archite...

Investments by Azerbaijani companies in environmental protection projects rose by an estimated 12–14 percent in 2025 from the previous year, reaching between 620 million and 650 million manats, accord...

Wars rarely stay confined to the battlefield — especially when they unfold in the Persian Gulf, the artery through which much of the global economy’s energy lifeblood flows. The military confrontation...