Azerbaijan doubles oil and gas earnings

JAN. 6 2023 (The Bulletin) — Azerbaijan’s earnings from oil and gas exports more than doubled in the 11 months to the end of November 2022 to $33.6b, data from Azerbaijan’s state customs committee showed. Energy prices jumped this year because of the impact of Russia’s invasion of Ukraine but analysts said that new gas supply deals with the EU spurred Azerbaijan’s windfall.


— This story was published in issue 532 of the Central Asia & South Caucasus Bulletin, on Jan. 16 2023

— Copyright the Central Asia & South Caucasus Bulletin 2023

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