Azerbaijan Oil And Gas News
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  • Azerbaijan is an important current and future supplier of both oil and natural gas. The conflicting claims over the maritime and seabed boundaries of the Caspian Sea between Azerbaijan and Iran cause continued uncertainty, with Iran insisting on an even one-fifth allocation of the Caspian Sea and challenging Azerbaijan's hydrocarbon exploration in disputed waters. Its importance continues to grow, particularly as it becomes an increasingly important supplier of natural gas to Europe.

Related Pages

Azerbaijan Oil and Gas Profile

  • source: BP

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