Caucasus Energy Monthly surveys the oil, gas, coal and electricity industries of Azerbaijan, Georgia and Armenia. It has sections on Companies, Exploration, Production, Transportation, Refining, Trade, Consumption, Electricity, Engineering and Politics. It has 12 pages.

Azerbaijan has prompted widespread interest in the West because it has been more energetic than other Caspian states in offering blocks in its sector of the Sea to Western oil companies. Oil production amounted to 41.9 mn tons in 2007 and is growing very rapidly now that the AIOC consortium's "Azeri" oilfield is operational. Oil is currently exported through pipelines to Novorossiisk and Supsa on the Black Sea and has been flowing to Ceyhan on the Mediterranean since June 2006 when the Baku-Tbilisi-Ceyhan pipeline came on-stream.

Azerbaijan is now producing gas from the Shahdeniz field with reserves of 1,000 BCM and gas is being exported through a 20 BCM/yr pipeline from Baku to Erzerum in Turkey.

Several Western companies are producing small volumes of oil in Georgia. The Government believes that there are large oilfields awaiting discovery in the Georgian sector of the Black Sea. Georgia has a major geo-political importance, and Russia has been very successful in achieving dominance over its electricity and gas supply sectors.



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