Ministry of Industry and Energy (Azerbaijan)
Encyclopedia
The Ministry of Industry and Energy of Azerbaijan Republic is a governmental agency within the Cabinet of Azerbaijan
in charge of regulating the activities in the industry production and energy sector of Azerbaijan Republic. The ministry is headed by Natig Aliyev
.
Decree No. 458 on April 18, 2001. Functions and obligations of the ministry were stipulated in the Presidential Decree No. 575 dated September 6, 2001. The statute of the ministry was approved by the Azerbaijani Parliament
on May 15, 2006.
(SOCAR), Azerkimya State Company, Azerigas Company, Azerenerji
JSC, Azneftkimyamash JSC are all part of the complex.
Main functions of the ministry are determination of prospective niches are preparation of state and regional programs to develop them, ensuring their realization; forecasting of production of various energy products; participation in international cooperation agreements in certain areas of energy sector; supervision of activities enforcing energy sector norms and laws; creation of friendly conditions for external and domestic investments in the sector; issuing of licenses; ensuring the sufficient supply of eenrgy products in domestic markets; research and development in the sphere of energy; application of international standards and expertise within the country; preparation of activities directed at decreasing the potential losses during production, transportation, distribution and exploitation of energy resources; preparation of programs ensuring energy security of Azerbaijan Republic; ecological security assurance, etc.
The Ministry of Industry and Energy of Azerbaijan Republic has agreements and cooperates with European Energy Charter, Organization of the Black Sea Economic Cooperation
, Executive Committee of the CIS Energy Council, Organization for Economic Cooperation
, US Agency for International Development, European Commission of European Union (INOGATE
, TACIS, TRACECA
), UN Economic Commission for Europe
(UNECE), International Atomic Energy Agency
, Coordination Council for the development of oil transportation corridor within the framework of GUAM
, World Trade Organization
, Work Group for cooperation with NATO, Special Work Group of the UN Economic and Social Council, International Monetary Fund
, World Bank
, European Bank for Reconstruction and Development
, German KFW Bank
, Islamic Development Bank
, Asia Development Bank, Japanese Bank for International Cooperation
.
Cabinet of Azerbaijan
The Cabinet of Azerbaijan is the chief executive body of the Republic of Azerbaijan.-The Executive Power:The President of the Republic of Azerbaijan is the head of state....
in charge of regulating the activities in the industry production and energy sector of Azerbaijan Republic. The ministry is headed by Natig Aliyev
Natig Aliyev
Natiq Aliyev Agaami oglu is an Azerbaijani politician who serves as the Minister of Industry and Energy of Azerbaijan Republic-Early life:Aliyev was born on November 23, 1947 in Baku, Azerbaijan. In 1970, he graduated from Azerbaijan State Oil Academy. He has a PhD in Geology-Mineralogy Sciences...
.
History
The ministry was established according to the PresidentialPresident of Azerbaijan
The country of Azerbaijan is a presidential republic, with the President of Azerbaijan as the head of state, and the Prime Minister of Azerbaijan as head of government...
Decree No. 458 on April 18, 2001. Functions and obligations of the ministry were stipulated in the Presidential Decree No. 575 dated September 6, 2001. The statute of the ministry was approved by the Azerbaijani Parliament
National Assembly of Azerbaijan
The National Assembly , also transliterated as Milli Majlis is the legislative branch of government in Azerbaijan. The unicameral National Assembly has 125 deputies: previously 100 members were elected for five-year terms in single-seat constituencies and 25 were members elected by proportional...
on May 15, 2006.
Structure
The ministry regulates the activities in the production and energy production complex. These activities include upstream and downstream activities, exploration and development of fields, operations of oil and gas refineries, power and heat generation, its supply and distribution through the networks, and so forth. The State Oil Company of AzerbaijanState Oil Company of Azerbaijan
The State Oil Company of Azerbaijan Republic is the state-owned oil and natural gas corporation of Azerbaijan. It is considered to be one of the largest oil companies in the world. It produces oil and natural gas, operates the country's two oil refineries and the running of oil and gas pipelines...
(SOCAR), Azerkimya State Company, Azerigas Company, Azerenerji
Azerenerji
Azerenergy is the largest electrical power producer in the Republic of Azerbaijan. It also maintains the largest distribution network in the country, although the regional power networks are being privatized...
JSC, Azneftkimyamash JSC are all part of the complex.
Main functions of the ministry are determination of prospective niches are preparation of state and regional programs to develop them, ensuring their realization; forecasting of production of various energy products; participation in international cooperation agreements in certain areas of energy sector; supervision of activities enforcing energy sector norms and laws; creation of friendly conditions for external and domestic investments in the sector; issuing of licenses; ensuring the sufficient supply of eenrgy products in domestic markets; research and development in the sphere of energy; application of international standards and expertise within the country; preparation of activities directed at decreasing the potential losses during production, transportation, distribution and exploitation of energy resources; preparation of programs ensuring energy security of Azerbaijan Republic; ecological security assurance, etc.
The Ministry of Industry and Energy of Azerbaijan Republic has agreements and cooperates with European Energy Charter, Organization of the Black Sea Economic Cooperation
Organization of the Black Sea Economic Cooperation
On 25 June 1992, the Heads of State and Government of eleven countries signed in Istanbul the Summit Declaration and the Bosporus Statement giving birth to the Black Sea Economic Cooperation ...
, Executive Committee of the CIS Energy Council, Organization for Economic Cooperation
Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade...
, US Agency for International Development, European Commission of European Union (INOGATE
INOGATE
INOGATE is an international energy co-operation programme between the European Union , Turkey and countries of the NIS, with the exceptions of the Baltic States and the Russian Federation. Formally it describes itself as supporting "international cooperation between the European Union, the...
, TACIS, TRACECA
TRACECA
TRACECA is an international transport programme involving the European Union and 14 member States of the Eastern European, Caucasian and Central Asian region. It has a permanent Secretariat, originally financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odessa,...
), UN Economic Commission for Europe
United Nations Economic Commission for Europe
The United Nations Economic Commission for Europe was established in 1947 to encourage economic cooperation among its member states. It is one of five regional commissions under the administrative direction of United Nations headquarters. It has 56 member states, and reports to the UN Economic and...
(UNECE), International Atomic Energy Agency
International Atomic Energy Agency
The International Atomic Energy Agency is an international organization that seeks to promote the peaceful use of nuclear energy, and to inhibit its use for any military purpose, including nuclear weapons. The IAEA was established as an autonomous organization on 29 July 1957...
, Coordination Council for the development of oil transportation corridor within the framework of GUAM
Guam
Guam is an organized, unincorporated territory of the United States located in the western Pacific Ocean. It is one of five U.S. territories with an established civilian government. Guam is listed as one of 16 Non-Self-Governing Territories by the Special Committee on Decolonization of the United...
, World Trade Organization
World Trade Organization
The World Trade Organization is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade , which commenced in 1948...
, Work Group for cooperation with NATO, Special Work Group of the UN Economic and Social Council, International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...
, World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
, European Bank for Reconstruction and Development
European Bank for Reconstruction and Development
Founded in 1991, the European Bank for Reconstruction and Development uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia. Its mission was to support the formerly communist countries in the process of establishing their...
, German KFW Bank
German Investment Corporation
Deutsche Investitions- und Entwicklungsgesellschaft translates into German Investment Corporation. DEG is a member of KfW Bank Group , an arm of the government of the Federal Republic of Germany....
, Islamic Development Bank
Islamic Development Bank
The Islamic Development Bank is a multilateral development financing institution located in Jeddah, Saudi Arabia. It was founded by the first conference of Finance Ministers of the Organisation of the Islamic Conference , convened 23 Dhu'l Qa'dah 1393 AH.The bank officially began its activities on...
, Asia Development Bank, Japanese Bank for International Cooperation
Japan Bank for International Cooperation
The , also known by its acronym, JBIC, is a Japanese public financial institution and export credit agency, and was created on October 1, 1999, through the merging of the Japan Export-Import Bank and the Overseas Economic Cooperation Fund ....
.