Business Case Studies, Govenrment and Business Environment Case Study, Azerbaijan,Energy Sector

print page
Tell A Friend

Case Categories

Govenrment and Business Environment Case Study

Case Title:

Azerbaijan's Dependence on the Energy Sector: Prospects and Perils

Publication Year : 2005

Authors: Nusrath Jahan Maldar & Srinath Manda

Industry: Utilities


Case Code: GBE0036

Teaching Note: Not Available

Structured Assignment: Not Available

Buy This Case Study

Azerbaijan is an energy-rich country and oil is the primary driver of the country's economy. After becoming independent in 1991, a shortage of funds compelled the Government of Azerbaijan to invite foreign companies to develop its oil resources through production sharing agreements. British Petroleum, one of the early entrants, is the largest foreign investor in Azerbaijan. Oil and oil products account for over 80% of the country's exports and contribute to more than 50% of the budget.

Pedagogical Objectives:

  • To discuss the scope of oil industry in Azerbaijan
  • To discuss the implications of the dependence of an economy on only one sector.

Keywords : Emerging economy,Government and Business Environment Case Study, Dutch disease, Production sharing agreement (PSA), British Petroleum Amoco ExxonMobil, Oil and gas sector, World Bank IDA (International Development Association), State Oil Company of Azerbaijan (SOCAR), Azerbaijan International Operating Company (AIOC), Communist to market-oriented economy, State Oil Fund of Azerbaijan (SOFAZ), Azerbaijan’,s economic driver, Ilham Aliyev, Heydar Aliyev, David Woodward

Recently Bought Case Studies

    Recently Bought Case Studies

    Executive Interviews

  • David ConklinDavid Conklin

    David Conklin, is a professor at the Richard Ivey School of Business
    Speaks on Government and Business
  • Lord Meghnad DesaiLord Meghnad Desai

    Lord Meghnad Desai, is an Indian-born British economist and Labor politician
    Speaks on Government and Business
  • Vijay GovindarajanVijay Govindarajan

    Vijay Govindarajan, is widely regarded as one of the world’s leading experts on strategy and innovation
    Speaks on Reverse Innovation
  • View All Executive Interviews»

Contact us: IBS Case Development Centre, Survey No. 156/157, Dontanapalli Village, Shankerpalli Mandal, Ranga Reddy District, Hyderabad-501203, Telangana, INDIA, E-mail:

©2020-2025 IBS Case Development Centre. All rights reserved. | Careers | Privacy Policy | Terms of Use | Disclosure | Site Map xml sitemap