{"title":"CORRELATION OF OIL AND GAS RESOURCES OF THE CASPIAN COUNTRIES","authors":"Gulshan Zeynalova Gulshan Zeynalova","doi":"10.36962/eneco0602202123","DOIUrl":"https://doi.org/10.36962/eneco0602202123","url":null,"abstract":"The Caspian Sea is the largest body of water in Eurasia: After the collapse of the USSR, the water area of this region is a zone of interest for many states. [1]\u0000The Caspian region rightfully serves as one of the most significant regions for most countries interested in the mineral resources that the Caspian is rich in. The Caspian Sea has a significant hydrocarbon reserves.\u0000According to the Energy Information Administration (EIA), hydrocarbon resources in the Caspian basin have the following values: oil - 48 billion barrels of oil, natural gas - 292 trillion. cubic feet (found and probable reserves), of which 75% and 67%, respectively, are produced or may be produced offshore.\u0000The northern part of the Caspian Sea contains most of the oil reserves, while the southern sector of the Caspian Sea is rich in natural gas.[2]\u0000It should be emphasized that the list of states that have the rights to use the resources of the Caspian Sea is as follows: Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan.\u0000It is impossible to correlate the importance of the oil and gas resources of the Caspian reservoir for each of the above countries, for the following reasons: Azerbaijan and Turkmenistan are countries for which the hydrocarbon potential of the Caspian is the most important predictor of the formation and development of the economy, while for Kazakhstan, the use of oil and gas resources of the Caspian Sea plays an important , but not the most decisive role, since oil and gas deposits in this country are not limited to the Caspian region, but its economy is developing in other directions. Iran and Russia, however, are interested in influencing the direction of flows of oil and gas raw materials, including their transit through the territory of the countries. [3]\u0000The last years for the Caspian region have become the years of a shift in the development of the oil and gas industry of the Caspian \"five\", which account for 17.6% of oil reserves and 46.4% of gas reserves in terms of global reserves.\u0000It is assumed that on the territory of the Caspian shelf, which belongs to Russia, oil reserves amount to 270 million tons, natural gas reserves - 0.5 trillion cubic meters. m of gas. [4]\u0000Of course, it is worth noting that the potential of the Russian sector of the Caspian Sea is significantly lower than the oil and gas potential of Yamal or Western Siberia, but the development of this region is important for the strategic development of the oil and gas sector, in particular offshore drilling.","PeriodicalId":178754,"journal":{"name":"ENECO-Proceeding of Energy Economic Research Center","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128626011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ANALYSIS AND EVALUATION OF SUSTAINABLE SOCIO-ECONOMIC DEVELOPMENT OF AZERBAIJAN","authors":"Fazil Hajiyev Fazil Hajiyev","doi":"10.36962/eneco0602202104","DOIUrl":"https://doi.org/10.36962/eneco0602202104","url":null,"abstract":"One of the global challenges facing the humanity in the 21st century is to improve the sustainable socio-economic development of countries. Thus, significant results have been achieved in Azerbaijan's socio-economic development over the past decade. The main reason for this is the implementation of large economic projects to ensure continued development in Azerbaijan. Innovative development of the economy is associated with the solution of the problem of promotion of innovation, the formation and development of innovative entrepreneurship, fundamental tax reforms and elimination of staff shortages in this area. The most important thing here is that the future state of the Republic of Azerbaijan will find the key government program \"Strategic roadmap for key sectors of the national economy\".\u0000The socio-economic successes of Azerbaijan in recent years have also been reflected in the reports of reputable international rating agencies. Azerbaijan has been included in the top 20 reformist countries in the World Bank's Doing Business rating. In total, it ranks 34th out of 190 countries. The country is ranked ninth according to the Business Establishment Index. In this report, Azerbaijan entered the top five in the world in terms of starting a business by simplifying business registration and was ranked as one of the best practice countries.[17]\u0000President Ilham Aliyev said at a conference on the results of the first year of implementation of the “State Program on socio-economic development of the regions of the Republic of Azerbaijan for 2019-2023”. to raise the level of competitive states. Therefore, given the challenges of the modern world, rapid development in the region will continue.\u0000Taking into account all these pressing scientific issues, the article has become a research problem in the field of industry, agriculture, entrepreneurship and innovation in terms of effective implementation of the strategic roadmap and the importance of sustainable socio-economic development of Azerbaijan in general.\u0000Keywords: strategic road map, social-economic development, industry, agrarian area, ownership, innovation.","PeriodicalId":178754,"journal":{"name":"ENECO-Proceeding of Energy Economic Research Center","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129504267","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Proceeding of Energy Economic Research Center","authors":"","doi":"10.36962/eneco01012020","DOIUrl":"https://doi.org/10.36962/eneco01012020","url":null,"abstract":"","PeriodicalId":178754,"journal":{"name":"ENECO-Proceeding of Energy Economic Research Center","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126515571","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}