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Azerbaijan Energy Information

Azerbaijan Key Figures

Population:
10.1 million
GDP growth rate:
5.60 %/year
Energy independence:
100%

Data of the last year available: 2021

Total consumption/GDP:*
49.9 (2005=100)
CO2 Emissions:
3.51 tCO2/capita
Rate of T&D power losses:
8.32%

* at purchasing power parity

View all macro and energy indicators in the Azerbaijan energy report

Azerbaijan Related Research

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

Total Energy Consumption

Per capita consumption was around 1.6 toe in 2021, including 2 330 kWh of electricity.

Total energy consumption increased by around 6% in 2021 (16.4 Mtoe), after dropping by 3% in 2020 and a very rapid rise in 2019 (+9%). It increased before by 4%/year between 2010 and 2016 and remained stable until 2018.

The energy intensity of GDP has been decreasing by 2%/year since 2010, after dropping by 12% per year over 2000-2010. It was around 70% lower than in 2000 and only 16% above the EU level (at purchasing power parity).

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

Interactive Chart Azerbaijan Total Energy Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Azerbaijan energy report

Crude Oil Production

Oil production remained stable in 2021. Previously, it had been decreasing regularly since 2010, by around 4%/year, from 51 Mt to 34.5 Mt in 2020 (-32%). In the past, foreign investments greatly boosted the country's oil production, which more than tripled between 2004 and 2010, partly with the start of the Shah-Deniz field in 2006.

Interactive Chart Azerbaijan Crude Oil Production

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Renewable in % Electricity Production

In 2020, AREA (the Azerbaijan Renewable Energy Agency) replaced SAARES(the State Agency on Alternative and Renewable Energy Sources) to develop and implement renewable energy projects, along with various companies. The main objective of the agency is to increase the share of renewables in the power capacity up to 30% by 2030.

Alternative energy projects are funded through the Azerbaijan Investment Company (AIC) that was established in 2006.

Companies operating in the renewable energy sector are exempt from customs duties and taxes.

Interactive Chart Azerbaijan Share of Renewables in Electricity Production (incl hydro)

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

CO2 Fuel Combustion/CO2 Emissions

In its first NDC, Azerbaijan made a commitment to reduce its level of GHG emissions by 35% by 2030 compared to 1990.

CO2 emissions from energy combustion have increased by around 4%/year since 2010 to 36 MtCO2 (5.8% in 2021). They increased rapidly between 2010 and 2014 (+7%/year), with a slow down from 2014 to 2019 (2.3%/year).

Graph: CO2-ENERGY EMISSIONS (MtCO2)