Research Information System
37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.643-650
Amidst the dissolution of the USSR, Azerbaijan defined two important directions of its energy strategy: 1. the provision of the energy security of Azerbaijan; 2. the contribution of Azerbaijan to the provision of the energy securities of other countries. In this regards, it was utmost important to boost the energy production in Azerbaijan, as well as developments of new opportunities in order to deliver Azerbaijan's energy resources to the international markets. On one hand, the energy resources constituted both an export-oriented commodity (the resource that one can receive benefit of its sale) and foreign policy resources (the resource that can increase the importance of Azerbaijan for other countries) for Azerbaijan. On the other hand, Azerbaijan has a potential of playing significant energy transit role for other countries thanks to the energy infrastructure that it created. Despite the various proposals of Russia and Iran, as well as the existence of the different gas purchase/sale agreement between Azerbaijan and those two countries, Azerbaijan has preferred to transport its oil and natural gas to the Western direction. The implementation of TANAP and TAP is the continuation of this policy. Actually, TANAP and TAP implies an alternative strategic success after the failure of Nabucco project. Because, main of Nabucco was the contribution to the energy security of Europe and TANAP and TAP serve the same mission.