Azerbaijan Oil & Gas Report

Providing expert analysis, independent forecasts and competitive intelligence on the oil and gas industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, BMI's Oil & Gas Risk Reward Index, Market Summary, Economic Forecasts, Company Profiles, Competitive Landscape and Global and Regional Overview.

Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position
×

Sign up to download the Azerbaijan Oil & Gas Report

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

Thank you for your interest

You will shortly receive your free executive summary by email.

Azerbaijan Oil & Gas Report
Product Price
$1,375.00

The Azerbaijan Oil & Gas Report has been researched at source and features BMI Research's independent forecasts for Azerbaijan including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Azerbaijan Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Azerbaijani oil and gas industry.

Key Benefits

  • Benchmark BMI's independent oil and gas industry forecasts for Azerbaijan to test consensus views - a key input for successful budgeting and strategic business planning in the Azerbaijani oil and gas market.
  • Target business opportunities and risks in the Azerbaijani oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Azerbaijan.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, covering oil and gas reserves, supply, demand and refining, plus analysis of landmark company developments and key changes in the regulatory environment.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the upstream and downstream sectors and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series and forecasts to end-2024 for all key industry indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast:

  • Pricing: Oil price (USD/bbl, WTI, Brent, OPEC basket, Urals); oil products prices (unleaded gasoline, gasoil/diesel, jet/kerosene – USD/bbl) at global hubs.
  • Production, Consumption, Capacity & Reserves: Proven oil reserves (bn barrels), production, consumption, refinery capacity and throughputs (‘000b/d); proven gas reserves (tcm), production and consumption (bcm) and fuels trade.
  • Imports & Exports: Crude oil exports/imports (‘000s b/d) and value of crude oil trade in USD. Fuels exports/imports (‘000s b/d) and value of fuels trade in USD. Natural gas imports/exports (bcm), by pipeline and/or LNG, and value of natural gas trade.

BMI’s Oil & Gas Risk Reward Index

BMI’s Risk Reward Indices provide investors (independents, NOCs, IOCs, oil services companies) looking for opportunities in the region with a clear country-comparative assessment of the upstream and downstream market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors, with each position explained.

Market Overview

A profile of the upstream and downstream sectors, including analysis of reserves, output, consumption and trade of energy products; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments.

Competitive landscape

Comparative company analyses by USD sales, % share of total sales, number of employees, year established, ownership structure, oil production (‘000b/d), gas production (bcm), downstream capacity (‘000b/d) and % market share.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Regional Overview

Regional perspective on size and value of the industry. Plus comparative rankings by production, refining, imports and exports of oil, gas and LNG.

Global Oil Market & Oil Products Outlook

Based on our country coverage of over 99% of global oil and gas production and consumption, BMI provides demand, supply and price forecasts to end-2024 for oil, gas and oil products.

Sources

The Oil & gas Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

BMI Industry View
7
Table: Headline Forecasts (Azerbaijan 2014-2020)
7
SWOT
9
Oil & Gas SWOT
9
Industry Forecast
10
Upstream Exploration
10
Latest Updates
10
Structural Trends
10
Upstream Projects
14
Table: Upstream Projects
14
Upstream Production - Oil
15
Latest Updates
15
Structural Trends
15
Table: Oil Production (Azerbaijan 2014-2019)
17
Table: Oil Production (Azerbaijan 2020-2025)
17
Upstream Production - Gas
18
Latest Updates
18
Structural Trends
18
Table: Gas Production (Azerbaijan 2014-2019)
20
Table: Gas Production (Azerbaijan 2020-2025)
20
Refining
21
Latest Updates
21
Structural Trends
21
Table: Refining Capacity And Refined Products Production (Azerbaijan 2014-2019)
23
Table: Refining Capacity And Refined Products Production (Azerbaijan 2020-2025)
24
Refined Fuels Consumption
24
Latest Updates
24
Structural Trends
24
Table: Refined Products Consumption* (Azerbaijan 2014-2019)
26
Table: Refined Products Consumption* (Azerbaijan 2020-2025)
27
Gas Consumption
28
Latest Updates
28
Structural Trends
28
Table: Gas Consumption (Azerbaijan 2014-2019)
29
Table: Gas Consumption (Azerbaijan 2020-2025)
30
Trade - Oil
31
Latest Updates
31
Crude Oil Trade
31
Structural Trends
31
Table: Azerbaijan Crude Oil Assay
31
Table: Crude Oil Net Exports (Azerbaijan 2014-2020)
34
Table: Crude Oil Net Exports (Azerbaijan 2020-2025)
35
Refined Fuels Trade Forecast
35
Structural Trends
35
Table: Refined Fuels Net Exports (Azerbaijan 2014-2019)
36
Table: Refined Fuels Net Exports (Azerbaijan 2020-2025)
37
Trade - Gas (Pipeline and LNG)
37
Latest Updates
37
Structural Trends
37
Table: Gas Net Exports (Azerbaijan 2014-2019)
39
Table: Gas Net Exports (Azerbaijan 2020-2025)
40
Industry Risk Reward Ratings
41
Azerbaijan - Risk/Reward Index
41
Upstream Index
41
Downstream Index
41
Central And Eastern Europe Oil & Gas Risk/Reward Index
42
Table: CEE: High Risk, Low Reward
42
Table: CEE Upstream, Downstream And Overall Risk/Reward Indices
43
Upstream: Above Ground Risks Limit Underground Potential
43
Table: CEE Upstream Risk/Reward Index
46
Downstream: Turkish STAR Only Bright Spot In Weak Market
46
Table: CEE Downstream Risk/Reward Index
49
Market Overview
50
Azerbaijan Energy Market Overview
50
Regulatory Structure
50
Licensing Regime
50
Fiscal Regime
50
Table: Azerbaijan PSC Main Fiscal Terms
51
Oil & Gas Infrastructure
52
Refineries
52
Table: Azerbaijan - Main Refineries
52
Oil Pipelines
52
Table: Azerbaijan - Main Oil Pipelines
52
Gas Pipelines
52
Table: Azerbaijan - Main Gas Pipelines
52
Oil Terminals & Ports
53
Table: Azerbaijan - Main Oil Trade Facilities
53
Oil Storage Facilities
53
Table: Azerbaijan - Main Oil Storage Facilities
53
Gas Storage Facilities
53
Table: Azerbaijan - Main Gas Storage Facilities
53
Company Profile
54
SOCAR
54
Table: Major Upstream Assets In Azerbaijan
55
Table: Key Financial Data, USDmn
55
AIOC
56
Table: Major Upstream Assets In Azerbaijan
57
Regional Overview
58
Central And Eastern Europe Oil & Gas Regional Overview
58
Oil Production: Oil Powerhouses Falter On Weak Prices
58
Oil Consumption: Long-Term Growth To Be Gentle
59
Refining Capacity: Modernisation Key To Competing
60
Natural Gas Production: Gas Ramp-Up Demand-Dependent
61
Table: Central Asia-China Gas Pipeline Expansions
62
Gas Consumption: Demand Falters On Struggling Economies
63
Table: Central & Eastern Europe Oil & Gas Production & Consumption, Refining Capacity & Trade
64
Glossary
65
Table: Glossary Of Terms
65
Methodology
67
Industry Forecast Methodology
67
Source
69
Risk/Reward Index Methodology
69
Table: Bmi's Oil & Gas Upstream Risk/Reward Index
71
Table: Weighting
72