Energy Reports

Azerbaijan energy report

Azerbaijan energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Azerbaijan energy market data.

Azerbaijan energy report
Update: December, 2017
Format: 2 files (PDF report, Excel file)
Pages: 31 (Report only)
Delivery: Immediate by e-mail


Azerbaijan energy market report offers an incisive and reliable overview of the energy sector in Azerbaijan. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2016 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Industry and Energy is the central executive authority responsible for implementing energy policy.

    Since 2005 the "Tariff Council" has regulated the prices of commodities and services under a monopoly situation, including energy prices....

  • Energy Supply


    Direct, foreign investments have greatly boosted the country's oil production, which more than tripled between 2004 and 2010, reaching 51 Mt, partly with the start of production from the Shah-Deniz field in 2006. Production has been decreasing ever since, dropping to 42 Mt in 2014. It remained...

  • Energy Prices


    Since 2009 the gas price for households has been Manat 100/1 000 m3, i.e. about US$95/1000 m3. Since the Tariff Council's decision of 2013, the price of gas for energy-intensive industries has been set at Manat 80/1 000 m3 (US$76/1 000 m3),...

  • Energy Consumption

    Per capita consumption is around 1.5 toe in 2016, including 2 088 kWh of electricity.

    Total energy consumption has been increasing at the rapid pace of 4.1%/year since 2010, reaching 14.3 Mtoe in 2016. The energy intensity of GDP has been decreasing sharply since 1990 (-74%) and 12% above...

  • Issues & Prospects

    The hydrocarbon sector is driving the country's dynamic economic growth. Thanks to the investments made in the energy sector, the country experienced a growth of 25%-30%/year over the period 2005-2007 and around 10% in 2008 and 2009. Economic growth subsequently dropped to an average of 3.3%/...

Download the Table of Contents

In the Azerbaijan market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2016, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2016, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2016, %)
  • GRAPH 9: Final consumption market share by sector (2016, %)

In the Azerbaijan market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Azerbaijan market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2016 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Azerbaijan Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Azerbaijan energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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