AZERBAIJAN QUIETLY STOKES ITS STRENGTH IN GLOBAL OIL AND GAS MARKETS

BY MARK ROWE

THE RUSH to tap the oil and gas riches of the Caspian Sea has seen governments, the European Union (EU) and producers shuttling back and forth between the major players in the region, Kazakhstan, Turkmenistan, Uzbekistan and Azerbaijan.
Enthusiastic noises and predictions are made about the first three of these former Soviet Republics. Azerbaijan by contrast, sometimes appears to progress under the radar. Looking at production figures, this stance seems a little confusing. A small oil-rich country, Azerbaijan has been able to claim ...


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