Citation

Oil Energy Trends 2008; 33(4): 3-6.

Copyright

(Copyright © 2008, John Wiley and Sons)

DOI

10.1111/j.1744-7992.2008.330403.x

PMID

unavailable

Abstract

With oil production in decline in most countries outside OPEC, Azerbaijan is seen as one of the few non-OPEC countries capable of increasing its output over the next few years. The EU and the US are anxious to see its output rise as a means of offsetting some of their growing reliance on OPEC in general - and the Middle East in particular - for oil. The EU also sees Azerbaijan as a source of natural gas that might be used to reduce its reliance on Russia.