Interesting insight into Azerbaijan’s economy in general, and particularly the 7 year estimation doesn’t seem to be just a speculation. According to this guy it is based on BP’s reports that are openly available since BP is a publicly traded company.
Half of Az’s capital expenditure this year goes to infrastructure in NK which according to him doesn’t make any economic sense. There’s nothing in NK, no people, no natural resources, just ghost towns.
No new oil reserves have been discovered in the past 40 years so chances of discovering new oil fields are very slim.
And a lot of other interesting facts in this interview.
TheJaymort on
Well that’s good news for us, unlike Dubai which diversified its economy to the point where oil is now just a small part of it, Azerbaijan is still one of the most oil dependent countries on earth. As soon as it loses its oil, it’s over.
Always gratifying to know that although Aliyev might have a very high level foreign policy for his country, his internal policies suck dick.
brabus1893 on
Without oil azerbaijan is done, no support from their « brother » turkiyyeeeeee and no support from their « bestfriend » israel
[deleted] on
[deleted]
Accomplished_Fox4399 on
This means they will want to attack before the oil reserves are getting close to depleted. Which is probably one of the reasons why 2020 probably happen when it did to begin with. Aliyev would want to attack when he still can. People keep thinking he’ll wait so that Armenia will get stronger.
5 Comments
Interesting insight into Azerbaijan’s economy in general, and particularly the 7 year estimation doesn’t seem to be just a speculation. According to this guy it is based on BP’s reports that are openly available since BP is a publicly traded company.
Half of Az’s capital expenditure this year goes to infrastructure in NK which according to him doesn’t make any economic sense. There’s nothing in NK, no people, no natural resources, just ghost towns.
No new oil reserves have been discovered in the past 40 years so chances of discovering new oil fields are very slim.
And a lot of other interesting facts in this interview.
Well that’s good news for us, unlike Dubai which diversified its economy to the point where oil is now just a small part of it, Azerbaijan is still one of the most oil dependent countries on earth. As soon as it loses its oil, it’s over.
Always gratifying to know that although Aliyev might have a very high level foreign policy for his country, his internal policies suck dick.
Without oil azerbaijan is done, no support from their « brother » turkiyyeeeeee and no support from their « bestfriend » israel
[deleted]
This means they will want to attack before the oil reserves are getting close to depleted. Which is probably one of the reasons why 2020 probably happen when it did to begin with. Aliyev would want to attack when he still can. People keep thinking he’ll wait so that Armenia will get stronger.