The General Director of Russia"s National Energy Institute, Sergey Pravosudov, believes Gazprom wants to show the advantage of the Russian gas export route as the most reliable one. He believes the latest agreements will strengthen the Russian company"s positions in the region.
The National Energy Security Fund"s General Director, Konstantin Simonov, believes the latest agreement about increasing the Azerbaijani gas export to Russia proves that Azerbaijan has no political liabilities to Europe. Gazprom offers very profitable conditions that will let Azerbaijan sell its gas at European prices, only paying for the transportation.
However the independent Azerbaijan Oil Research Center (AORC) believes the documents signed in Baku on September 3, 2010, according to which Azerbaijan will increase its gas supplies to Russia to 2 billion m3 per annum from 2011 on, have no relation to the plans of exporting the bulk of Azerbaijani gas to the European market. `As far as we know, SOCAR has already started commercial negotiations with several western companies, which envisage the export of Shah Deniz Stage 2 gas. SOCAR"s obligations to Gazprom are short-term ones. Of course, Gazprom might also mean to protect the Kremlin"s geopolitical interests by proposing attractive prices for Azerbaijan"s gas. But this currently fulfills the commercial interests of Azerbaijan - a small gas-extracting state, which has just begun to enter the region"s gas markets,` AORC stated.
* The Shah Deniz Stage 2 development will start in late 2016. The exportation will reach the targeted level of up to 15 billion m3 per annum only in 2019-2020. Azerbaijan plans to export the bulk of this gas to the west by the South Caucasus Pipeline, whose throughput could be raised to 20 billion m3 per annum, but is currently 8.2 billion m3.--12В--
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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