Published December 2017
Analysis and definition of destabilizing factors of environment on example of oil enterprises activity
G.A. SafarovThe turmoil taking place in world economy, unstable oil prices has an effect on the economy of oil-producing countries. Such kind of instability affected Azerbaijan Republic economy as well and led to the decrease of its key economic indexes. The paper considers current status of oil industry in the world and in Azerbaijan in 2015-2016 years. Attention is also paid to “natural green energy” or, in other words renewable energy sources. The reasons for sharp decrease in oil demand and oil products compared to last years on example of State Oil Company of Azerbaijan Republic analyzed and forecasts made for 2017.
