OECD Inventory of Support Measures for Fossil Fuels: Country Notes
This new web format for Country Notes on Fossil Fuel Support provides interactive on-line access to the latest data from the OECD Inventory of Support Measures for Fossil Fuels by country – identifying and estimating the value of support arising from policies that encourage the production or consumption of fossil fuels. The web version allows users to download, share and play with the data. Interactive graphics enable data visualisation, in national currency, by beneficiary and by energy product. These Country Notes provide, for each of the 50 economies covered in the Inventory, a snapshot of energy market structure, the current state of energy prices and taxes, and recent developments and trends in fossil fuel support. Data and country notes for the EU Eastern Partnership (EaP) countries have been collected and prepared as part of the GREEN Action Task Force.
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Azerbaijan
Azerbaijan is a country with rich deposits of oil and natural gas and has, over the last decade, become a major energy producer. As of 2019, the total proven oil reserves of oil and natural gas amount to 7 000 million barrels and 2.1 trillion m3 respectively. Oil production stood at 39.2 million tonnes in 2018, roughly 24 % less than the peak of 51.3 million tonnes in 2010.
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