Land and nature resources in azerbaijan

2. Brief history of Azerbaijan oil
industry

Till Soviet Union

In Soviet Union Period

After Soviet Union

3. BASIC FACTS about Azerbaijan Oil
Industry

• Azerbaijan Oil industry has began rise after 1860

• In the end of IX century 50% of oil in the World was extracted in Azerbaijan
(10 mln. ton/year)

• Till 1950 more than 90% of Soviet Union oil industry was connected with
Azerbaijan oil

• Till falling down of Soviet Union in Azerbaijan was extracted about 1 billion
ton crude oil

• Azerbaijan had several petroleum chemical plants and machine-building
industry for oil industry. The capital city of Azerbaijan- Baku was called as “Oil
Academy” of Soviet Union

4. BASIC FACTS about Azerbaijan Oil
Industry

• Production of crude oil after Soviet Union was reduce till 5-10 mln ton/year

• 2003 was extracted more than 14 mln.ton

• Consortium plans to increase the production till 50 mln. ton/year ton in the
near future

• After Soviet Union Azerbaijan have lost its position in the machine-building and
petroleum chemical industry

• At the moment work only 10-15% of oil factories of Azerbaijan which were
builded

• There was established State Oil Fund of Azerbaijan for spending oil revenue
efficiently

• But this Fund is under control of Azerbaijan President and has not transparency

5. Baku Tbilisi Ceyhan Pipeline (BTC)

Country: Azerbaijan, Georgia, Turkey

Partners: BP, SOCAR, TOTAL

Commissioned: 2006

Length: 1,768 km (1,099 mi)

Maximum discharge: 1 million barrels of oil per day

6. Natual Gas Resources

Reserves of Absheron, Umid, Babek, and Nakhchivan:
1.25 tcm of gas and more than 200 mln. tons of
condensate*

Shah-deniz Reserves: 1.2 tcm gas, 240 mln. Tons
condensate

Shah Deniz-1; Plateu production 9 bcma

Shah Deniz-2; Plateu production 16 bcma

7. Wind energy

Average Generate: 2.4 billion kWh

Average blows more than 250 days
per year

Offering: 2,400-3,200 hours of sunshine
per year

8. Electricity

production: 23,80 billion kWh (2007)

consumption: 27,50 billion kWh (2007)
Hydroelectric power plants

Enikend Hydro Power Plant - 112 MW

Mingechevir Hydro Power Plant - 402 MW

Sarsang Hydro Power Plant - 50 MW

Shamkir Hydro Power Plant - 380 MW

Yenikend Hydro Power Plant - 150 MW

9. Other Reseources

Gold

Iron ore

Aliminum ore

Complex ore

Mercury Ore

10. Thank You for Attention!