Azerbaijan: a country steeped in hydrocarbons

Azerbaijan: a country steeped in hydrocarbons …C0NTINUE READING HERE >>>

Azerbaijan is among the 20 biggest net oil exporters and the 12th largest for gas, according to 2022 figures.
Photo: Emmanuel DUNAND / AFP
Source: AFP

Azerbaijan, which holds early legislative elections on Sunday, is a country in the Caucasus region with a historical relationship with hydrocarbons, which account for most of its revenues.

An ancient history

In the late 13th century, Venetian merchant, explorer and writer Marco Polo reported seeing a gushing “oil fountain” as he…

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