Economic and Political Crossroads: Azerbaijan’s Path Forward in the Face of Declining Oil Wealth

The first blast at an old mine turns the project into a test for AzerGold: can the company convert record bullion prices into profitable production and development for Kalbajar? The first drilling-and-blasting cycle at the Soyudlu gold deposit marks...

Azerbaijan is reviving long-known Caspian prospects and expanding condensate production. But the industry’s arithmetic suggests that ACG cannot be replaced by a single discovery. The realistic objective is to slow the decline and buy time to reshape...

A striking contradiction has emerged in Azerbaijan’s clothing market: consumer demand is substantial and imports are high, while domestic production of finished garments does not match the scale of that demand. In 2025, retail trade turnover reached...

Azerbaijan produced only 85,400 tonnes of salt in 2025 — 95.5% of the previous year's level, a decline of about 4.5%. The figure is small, but the question behind it is large: to what extent does a country rich in salt deposits supply its own...