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Home›Japanese foundation›Heydar Aliyev laid the foundations to make Azerbaijan one of the most reliable oil and gas exporters in the world

Heydar Aliyev laid the foundations to make Azerbaijan one of the most reliable oil and gas exporters in the world

By Jane R. Chase
May 9, 2022
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May 9, 2022 4:16 p.m. (UTC+04:00)

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Heydar Aliyev [Azerbaijani national leader] laid the foundation for making Azerbaijan one of the most reliable oil and gas exporters in the world, said US expert, CEO of Caspian Group Holdings, Rob Sobhani. Tendency.

According to Sobhani, Heydar Aliyev’s far-sighted strategy played an important and unique role in transforming Azerbaijan into an economically and politically strong country with a powerful army.

He said Heydar Aliyev was a wise leader who understood that an economically strong Azerbaijan integrated into the world economy could not only become a global player in energy markets, but also lay the foundations of an army. strong that would eventually liberate the territories of the country. of the Armenian occupation [in the 2020 second Karabakh war].

The expert pointed out that under the leadership of Heydar Aliyev, Azerbaijan’s GDP grew from $1.2 billion to $8 billion.

“In fact, it was Heydar Aliyev’s wise and visionary leadership that enabled Azerbaijan to become a hub for Caspian Sea energy development and transportation,” Sobhani noted. “By opening up his country to foreign investment, Heydar Aliyev has provided a stable environment for companies like BP to risk their capital and create a mutually beneficial production sharing agreement.”

“Heydar Aliyev understood that the uninterrupted exploration, development and transport of oil and gas from Azerbaijan to European markets was important for global energy security. For this reason, he instructed the SOCAR team [State Oil Company of Azerbaijan] to negotiate an agreement with energy companies,” the expert said, adding that following the signing of the agreement, Azerbaijan has proven to be the most reliable oil and gas exporter for consumers around the world.

Sobhani also noted that looking at the list of companies that signed a contract to develop Azeri-Chirag-Gunashli with Azerbaijan, a small model of the United Nations can be seen.

“This wise decision by Heydar Aliyev to include the United States, Europe, Turkey, Russia, Iran and Japan in this historic contract shows that Heydar Aliyev was a true world statesman,” he said. underlined the expert. “The significance of Heydar Aliyev’s energy strategy is that it provided Azerbaijan with a stable and reliable source of income and reduced poverty in Azerbaijan to less than 5% according to the World Bank.”

Today, Azerbaijan is strong, independent, economically vibrant and a global player, and the foundation for this was laid through the wise, forward-thinking and courageous leadership of Heydar Aliyev, the architect of Azerbaijan modern, concluded Sobhani.

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