Azerbaijan To Reap Benefits From Increased EU Demand.

Fitch Solutions predicts Azerbaijan's energy exports, mainly oil and gas, will drive growth over the next decade, despite not reaching previous strength levels. The agency expects a more stable growth trajectory for Azerbaijan, with an average growth rate of 3.1% over the next decade, compared to 1.7% between 2012 and 2022. Europe's efforts to reduce reliance on Russian energy trade will boost demand for Azerbaijani energy resources, making Europe a key consumer.

April 04, 2024
4 Articles

Further Reading