oil_last

Sharp decline in Azerbaijani oil export in January 2018

Sharp decline in Azerbaijani oil export in January 2018 Azerbaijani oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline fell by 33 percent in January 2018 compared January 2017. The country exported 1.6 million tons oil last month through the indicated pipeline which 0.8 million tons less than compared with the same month in 2017. Azerbaijan exported […]

About CESD

The Center for Economic and Social Development is a leading independent economic think tank in Azerbaijan. It's mission is to promote research and analysis of socio-economic issues in order to positively influence the public policy decision-making process.

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economic_changes

Sharp decline in Azerbaijani oil output in 2017

Sharp decline in Azerbaijani oil output in 2017 38.7 million tons of crude oil and 28.6 billion cubic meters of natural gas were produced in Azerbaijan in 2017, according to the State Oil Company of Azerbaijan Republic (SOCAR). The company produced 7.4 million tons of crude oil and 6.1 billion cubic meters of natural gas […]

oil_last

Oil Becomes More Expensive. Should We Be Happy about That?

Oil Becomes More Expensive. Should We Be Happy about That? The oil market started in 2018 with a successful “run” to new highs for 2.5 years: according to Bloomberg, last Thursday the price of Brent at the auctions in London exceeded $ 68 per barrel for the first time since May 2015. The American standard […]

energy_market

CESD Research Paper: The Current Situation and Problems of State-Owned Enterprises in Azerbaijan

CESD Research Paper: The Current Situation and Problems of State-Owned Enterprises in Azerbaijan The State-Owned Enterprises of Azerbaijan are involved in the resource sector such as power generation, production of oil and gas, supply of water and airway, railway and freight services as well. Azerbaijani SOEs, such as the State Oil Company of the Azerbaijan […]

oil_last

The Effect of Oil Price Fluctuations on the Exchange Rate of the National Currency of Azerbaijan: Assessment of the years 2014-2017

The Effect of Oil Price Fluctuations on the Exchange Rate of the National Currency of Azerbaijan: Assessment of the years 2014-2017 Since the year 2014, falling oil prices continued. In the beginning of 2016, oil prices bottomed at about USD 29 /bbl, but a gradual increase was recorded towards the end of the year. During […]