Mineral Industry Of Azerbaijan
Petroleum, Caspian Sea, Metallurgy, Baku
978-620-1-33078-8
620133078X
84
2012-07-13
34.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. As of 2005, Azerbaijan produced a range of metals and industrial minerals, including alumina, aluminum, lead, steel, and zinc.Azerbaijan's importance as a world mineral producer, however, was based on its petroleum extracting industry. The country has been a significant oil producer for more than a century, but recent focus has been on developing offshore resources in the Caspian Sea. Production from the country’s Soviet-era fields are in decline, but since independence, foreign direct investment in offshore fields had revitalized the oil sector through the development of large-scale new projects and the refurbishment of older ones. In 2005, Azerbaijan had signed more than 20 major agreements to develop oilfields with approximately 30 companies from 15 countries.
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