In early June, Azerbaijan hosted Baku Energy Week 2025 – an event that marked not just its 30th anniversary, but also a powerful reflection of how far our nation has come. Over 2,000 delegates and 240 companies gathered in our capital, as Azerbaijan took centre stage in global energy discussions. The event showcased our country as a modern, diversified energy hub – one that balances its traditional strengths in oil and gas with bold steps in green innovation and digital transformation.
This year’s gathering showcased Azerbaijan’s evolving energy strategy, marking a decisive shift from traditional oil and gas toward a bold embrace of renewables. With a target of 6.5 GW of renewable capacity by 2030 – set to make up more than 35% of the national energy mix – Azerbaijan is clearly positioning itself as a future-focused, sustainable energy leader.
Discussions reflected Azerbaijan’s evolving energy ambitions and partnerships with global players like Germany and Masdar (Euronews). Further, Azerbaijan signed key deals across oil, gas and renewables. Türkiye’s state oil company TPAO joined SOCAR and BP in developing the Shafaq-Asiman offshore gas block with a 30% stake (Reuters). SOCAR also partnered with ExxonMobil to explore onshore oil and gas production, while BP advanced plans for $200 million, 240 MW solar plant in Jabrayil – a project which supports the country’s green energy goals and will supply electricity to the liberated territories. In addition, a strategic pact with China’s Energy China will support future investments in wind, solar and grid modernisation (Anewz.tv).
Overall, Baku Energy Week 2025 highlighted Azerbaijan’s progress in the energy sector over the past 30 years, showcasing its rising international profile and strategic vision. Speaking at the official opening ceremony of the 30th anniversary Caspian Oil and Gas exhibition, President Ilham Aliyev emphasised the country’s political stability, economic self-sufficiency and successful reforms, noting that oil and gas account for just over 30% of GDP. He also cited low foreign debt, strong financial reserves, a sharp decline in poverty to around 5% and near-universal literacy as key achievements driven by fair wealth distribution and investment in human capital (Caliber.az).
As someone who has actively participated in this journey, I feel very proud of the remarkable progress Azerbaijan has made over the past decades. The transformation from a newly independent nation into a globally respected energy hub stands as a powerful proof of the visionary leadership that has guided our country. Our steady advancements in economic stability, social development and strategic energy planning reflect a clear, long-term national vision – one that continues to shape a more prosperous and sustainable future for all Azerbaijanis.
