Azerbaijan remains focussed on its oil and gas revenues in short and medium term

Even though the transition journey to renewables has begun, Azerbaijan will do nothing to jeopardise its oil and gas revenues in short and medium term. In 2023 Azerbaijan produced a record 36.4 Bcm, of which Shah Deniz contributed 71 per cent. Apart from Shah Deniz ramping up, the main gas event in 2023 was the start-up of the offshore Absheron […]