Azerbaijan's tightening gas balance
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive summary
- Azerbaijan’s domestic gas market is increasingly tight
- Oil recovery will be prioritised over gas sales
- Export-focused Shah Deniz Phase Two is on schedule
- Limited near-term supply available for expanding domestic market
- Domestic market must be incentivised for pre-FID projects
- Near-term gas imports will be substituted by new sources of supply in 2020s
Tables and charts
This report includes the following images and tables:
- 2015-16: Azerbaijan – key gas sector developments
- 2015 energy demand by fuel
- Gas demand by sector (2010-30)
- Gas supply-demand balance (2015-30), excluding pre-FID projects
- Potential post-2020 supply shortfall
- New post-2020 sources of supply
- Absheron: comparison of delivered costs (US$/mmbtu)
What's included
This report contains:
Other reports you may be interested in
Q2 2025 pre-FID project tracker: major upstream projects progress despite geopolitical headwinds
Our Q2 2025 outlook for global pre-FID upstream projects.
$6,750Lakach
The Lakach field is a non-associated, deepwater, wet gas field owned by the national oil company (NOC) of Mexico, Pemex. The ...
$3,720Uncertainties, risks, rewards and regional conflicts in the Middle East
Trade frictions and geopolitical tensions are reshaping upstream risk across the Middle East. Who’s best positioned to adapt?
$1,350