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Azerbaijan's Key Energy Statistics world rank
total energy production
2017
2.348
quadrillion Btu
35
total energy consumption
2017
0.594
quadrillion Btu
72
crude oil including lease condensate exports
2016
659
thousand barrels per day
17
liquids production
2017
801
thousand barrels per day
25
dry natural gas exports
2017
284
billion cubic feet
24
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Map of Azerbaijan
Map of Azerbaijan

Analysis - Energy Sector Highlights

  • Azerbaijan is a net energy exporter; crude oil and natural gas production and exports are central to Azerbaijan’s economy and government revenues.
  • Natural gas accounts for about two–thirds of Azerbaijan’s total domestic energy consumption. Oil supplies less than one–third of total energy consumption (Figure 1). [1]
  • In August 2018, the five countries bordering the Caspian Sea met regarding a decades–old delimitation dispute over the maritime and seabed boundaries of the Caspian. An accord could allow for additional offshore exploration and infrastructure across what were previously contested waters. In particular, the construction of subsea pipelines from Turkmenistan could make Azerbaijan a more prominent transit country for Caspian oil and natural gas to Europe.

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Data