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This book will focus on Azerbaijan's oil and gas industry; how the country uses its energy revenues within its economy; how it avoids economic pathologies such as the "Dutch Disease"; Azerbaijan's role within the Caspian Basin, and finally, the European Union's energy security and how Azerbaijan's energy resources can impact it. Therefore, the present book will first provide a brief evaluation of the history of Azerbaijan's energy sector; an overview of the current situation and recent developments; and explore how energy revenues are being distributed in the economy. The study will define the interests of other important actors such as Russia, Turkey and the USA; and finally, it will assess the EU energy security, the role of Azerbaijan as the Caspian basin country in this concept, key challenges and effective mechanisms to overcome existing or future possible challenges.
About the author
Shahmar HAJIYEV is a Senior Research Fellow at the Center for Strategic Studies (SAM) under the President of the Republic of Azerbaijan. He participated in the Analyst Development Program of the U.S. Texas-based STRATFOR where he worked with STRATFOR analysts and staff to research a variety of issues and gather information on global developments.
