Islam is the main religion of Azerbaijan and Azerbaijani (Azeri Turkish) is official language. Asphalt, which is used to make roads and roofs flat or impenetrable, is one of the most widely used petroleum products. Azerbaijan is one of the largest importers in the region from Turkey, Russia, China, Iran, Germany, and other European countries. In principle, the applicant countries for the import and purchase of petroleum products in the Middle East

• Azerbaijan Engine Oil Market
• Azerbaijan Petroleum Coke Market
• Azerbaijan Bitumen Market
• Azerbaijan Base Oil Market
• Azerbaijan Paraffin Market

In refineries, different parts of crude oil are separated and other usable products are introduced into production. According to the International Journal of Oil and Gas, there are over 6,000 petroleum products, most of which are used in our daily lives, and perhaps few people know about their relationship to oil. 

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The Achaemenid dynasty used bitumen for sealing and waterproofing the palace with the grandeur of Persepolis. Remains of it can be seen in the historical complex of Persepolis. Ancient Susa artists used a mixture of bitumen and heated it to obtain a composition that was very similar to stone. They used this material to make various objects as well as to make sculptures and fossils. 

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Petroleum coke (Petcoke) is the final carbon-rich solid material obtained from the oil refining process and is a group of fuels known as coke. Petroleum coke is specifically obtained from a final cracking process, which is considered a chemical engineering process, and the hydrocarbons of the oil chains are divided into shorter chains in a section called the coke unit. 

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The Republic of Azerbaijan is located in the Caucasus region of the Eurasian supercontinent. It covers three major physical areas: First, the Caspian Sea, whose coastline forms a natural border in the east of the country. Second, the Greater Caucasus Mountains in the north; and third, the plains and lowlands of the center of the country.

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Azerbaijan invested USD XX billion in the oil & gas sector between 2013 and 2015 and it is estimated that an additional USD XX billion would flow in by 2021. Azerbaijan upstream market has reserves of oil, natural gas and also the natural gas liquids. Azerbaijan upstream market is expected to grow at a CAGR of XX% during the forecast period from 2016 to 2021. Azerbaijan midstream oil & gas business has currently a network of laid pipelines of length close to XX km and an additional length of about XX km is planned with an investment of USD XX billion. The demand for the petroleum products is expected to grow exponentially and reach XX million metric tonnes by 2021. Azerbaijan has an installed refining capacity of XX barrels. The internal trade for petroleum products is worth USD XX. 3 Recent Developments in Azerbaijan Oil and Gas Industry. Azerbaijan Upstream Oil and Gas Scenario. 1 Oil & Gas reserves in Azerbaijan. 2 Azerbaijan Crude Production (2000 - 2015). 3 Azerbaijan Contribution to Regional and World Oil & Gas Production (2000 - 2015). 4 Mid-term and Long-term Oil and Gas Production Scenario in Azerbaijan. 5 Azerbaijan Crude Consumption (2000 - 2015). Azerbaijan Oil and Gas Fields. 2 Offshore Oil and Gas Blocks in Azerbaijan. Azerbaijan Midstream Oil and Gas Scenario. Azerbaijan Downstream Oil and Gas Scenario.
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The Azerbaijan Oil and Gas Downstream Market is segmented by Refineries and Petrochemicals Plants. The market for oil and gas downstream in Azerbaijan is expected to register a CAGR of more than 1. Factors, such as increasing demand for natural gas and rising production of oil and gas, coupled with increasing demand for petroleum products in the country, are expected to boost the demand in the market during the forecast period. The Azerbaijan oil and gas downstream market report includes:. The Azerbaijan oil and gas downstream market is consolidated. The major companies include the State Oil Company of the Azerbaijan Republic, Royal Dutch Shell PLC, Total SA, KBR Inc. 1 State Oil Company of the Azerbaijan Republic. The Azerbaijan Oil and Gas Downstream Market market is studied from 2016 - 2026. The Azerbaijan Oil and Gas Downstream Market is growing at a CAGR of >1. State Oil Company of the Azerbaijan Republic, TOTAL SA, KBR, Inc. , TechnipFMC plc, Royal Dutch Shell PLC are the major companies operating in Azerbaijan Oil and Gas Downstream Market.
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Recovering prices, strong demand from the transportation industry and modern developments of oil and gas exploration and production activities are some of the factors driving Azerbaijan oil and gas market growth. Sustained growth in the consumption of natural gas, petroleum, and petrochemical products is one of the major growth drivers for oil and gas companies in Azerbaijan. The major Azerbaijan companies are undertaking various oil and gas pipeline projects and contracts to expand their production capacities and sustain their position in the oil and gas industry. In Azerbaijan, future oil and gas consumption will increase due to key factors such as a strong economy, population growth, and fuel economy. The dependence on oil and gas is further expected to increase as the country’s infrastructure continues to heavily rely on products. Government policies and support related to the exploration and production of oil and gas are playing a major role in the industry and encouraging the companies to boost Azerbaijan oil and gas investments. Azerbaijan Oil and Gas Market research identifies that the competition continues to intensify year-on-year. The report covers the 2019 scenario and growth prospects of the Azerbaijan Oil and Gas market for 2020-2026. Key trends and critical insights into Azerbaijan Oil and Gas markets along with key drivers, restraints, and growth opportunities are presented in the report. Azerbaijan Crude Oil, Azerbaijan Natural Gas, Azerbaijan LPG, Azerbaijan Gasoline, Azerbaijan Diesel, Azerbaijan Fuel Oil, Azerbaijan LNG markets demand is analyzed and forecast to 2026. Further, Azerbaijan Oil and Gas production including Crude Oil, Natural Gas, LPG, Gasoline, Diesel, Fuel Oil, LNG production are forecast from 2019 to 2026. Azerbaijan Oil and Gas market are compared against five of its competitive markets in the region to analyze the role of Azerbaijan on the regional front and benchmark its operations. Azerbaijan population and economic outlook are also presented in the report to provide insights and forecasts of macroeconomic factors shaping the future of Azerbaijan Oil and Gas markets. Further, business and SWOT profiles of three of the leading Oil and Gas companies in Azerbaijan are detailed in the report along with recent developments and their impact on overall market growth. Recovering prices, strong demand from the transportation industry and modern developments of oil and gas exploration and production activities are some of the factors driving Azerbaijan oil and gas market growth. Sustained growth in the consumption of natural gas, petroleum, and petrochemical products is one of the major growth drivers for oil and gas companies in Azerbaijan. The major Azerbaijan companies are undertaking various oil and gas pipeline projects and contracts to expand their production capacities and sustain their position in the oil and gas industry. In Azerbaijan, future oil and gas consumption will increase due to key factors such as a strong economy, population growth, and fuel economy. The dependence on oil and gas is further expected to increase as the country’s infrastructure continues to heavily rely on products. Government policies and support related to the exploration and production of oil and gas are playing a major role in the industry and encouraging the companies to boost Azerbaijan oil and gas investments. Azerbaijan Oil and Gas Market research identifies that the competition continues to intensify year-on-year. The report covers the 2019 scenario and growth prospects of the Azerbaijan Oil and Gas market for 2020-2026. Key trends and critical insights into Azerbaijan Oil and Gas markets along with key drivers, restraints, and growth opportunities are presented in the report. Azerbaijan Crude Oil, Azerbaijan Natural Gas, Azerbaijan LPG, Azerbaijan Gasoline, Azerbaijan Diesel, Azerbaijan Fuel Oil, Azerbaijan LNG markets demand is analyzed and forecast to 2026. Further, Azerbaijan Oil and Gas production including Crude Oil, Natural Gas, LPG, Gasoline, Diesel, Fuel Oil, LNG production are forecast from 2019 to 2026. Azerbaijan Oil and Gas market are compared against five of its competitive markets in the region to analyze the role of Azerbaijan on the regional front and benchmark its operations. Azerbaijan population and economic outlook are also presented in the report to provide insights and forecasts of macroeconomic factors shaping the future of Azerbaijan Oil and Gas markets. Further, business and SWOT profiles of three of the leading Oil and Gas companies in Azerbaijan are detailed in the report along with recent developments and their impact on overall market growth. Azerbaijan Oil and Gas Industry Insights 2. 2 Azerbaijan Total Oil and Gas Market Value Outlook, 2016- 2026 2. 3 Azerbaijan Oil and Gas Market Trends and Insights 2. Azerbaijan Oil and Gas Production Outlook to 2026 3. 1 Azerbaijan Crude Oil Production Outlook, 2016- 2026 3. 2 Azerbaijan Natural Gas Production Outlook, 2016- 2026 3. 3 Azerbaijan LPG Production Outlook, 2016- 2026 3. 4 Azerbaijan Gasoline Production Outlook, 2016- 2026 3. 5 Azerbaijan Diesel Production Outlook, 2016- 2026 3. 6 Azerbaijan Fuel Oil Production Outlook, 2016- 2026 3. 7 Azerbaijan LNG Production Outlook, 2016- 2026 3. 8 Azerbaijan Nickel Production Outlook, 2016- 2026 3. 9 Azerbaijan Tin Production Outlook, 2016- 2026 4. Azerbaijan Oil and Gas Demand Outlook to 2026 4. 1 Azerbaijan Crude Oil Demand Outlook, 2016- 2026 4. 2 Azerbaijan Natural Gas Demand Outlook, 2016- 2026 4. 3 Azerbaijan LPG Demand Outlook, 2016- 2026 4. 4 Azerbaijan Gasoline Demand Outlook, 2016- 2026 4. 5 Azerbaijan Diesel Demand Outlook, 2016- 2026 4. 6 Azerbaijan Fuel Oil Demand Outlook, 2016- 2026 4. 7 Azerbaijan LNG Demand Outlook, 2016- 2026 5. Azerbaijan Oil and Gas Industry Benchmarking 5. SWOT Profiles of Oil and Gas Companies in Azerbaijan 6. Azerbaijan Demographic and Macroeconomic Outlook to 2026 7. 1 Azerbaijan GDP (Gross Domestic Product, Current Prices) Outlook, 2006- 2026 7. 2 Azerbaijan Disposable Income Outlook, 2006-2026 7. 3 Azerbaijan Population Growth Outlook, 2006-2026 7.
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