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  • ERC
  • 2024-09-23

Orthodox View on the 30th Anniversary of the Contract of the Century

Abstract
A 30-year period is sufficient to evaluate the place of the “Contract of the Century” in modern Azerbaijani history and its role in shaping the national economy. Although such evaluations are conducted periodically, we will attempt to conclude the assessment on the occasion of COP29, which Azerbaijan is hosting. This marks the 30th anniversary of the signing of the first contract, and provides a unique opportunity for both retrospective reflection and a forward-looking perspective, filled with hope and optimism for the future.
Keywords: Azerbaijan, oil & gas sector, COP29, “Contract of the Century”, PSA, ACG, GDP, investment, exports, BP, SOCAR



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About

Economic Research Centre (ERC) is a policy research oriented think tank established in 1999. The Center is conducting regular research on macro-economic policy, including conceptual definitions, calculation, and modeling of alternative macro-economic indicators.

  • Email [email protected]

  • Office Azerbaijan, Baku

About us

  • Goals and history
  • Strategy Management And Documents
  • Organizational Structure
  • Staff
  • Advisory and Management Board
  • Contact

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  • Research report
  • Program report
  • Annual reports
  • Macroeconomy
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