Winds of change: how Azerbaijan’s energy holds promise for NATO – Aze.Media

Winds of change: how Azerbaijan’s energy holds promise for NATO – Aze.Media

The ink dried, and the “deal of the century” was done. In September 1994, Azerbaijan and a handful of international oil companies signed an agreement that ushered in decades of rapid growth for Azerbaijan’s energy and improved the energy security for North Atlantic Treaty Organization (NATO) member countries in Europe. Azerbaijan quickly became one of the world’s most pivotal oil and gas exporters under the direction of the State Oil Company of …