The petroleum industry in Azerbaijan produces about 800,000 barrels (130,000 m3) of oil per day (as of November 2011) and 1 billion cubic meters of gas per year. Azerbaijan is one of the birthplaces of the oil industry, its history is linked to the fortunes of petroleum. It is poised to become an important oil and gas producer once again.
Read more about Petroleum Industry In Azerbaijan: Early History, Pre-industrial Period, First Oil Boom, Revolution and Soviet Republic, "Contract of The Century" and Following Years
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“Your representative owes you, not his industry only, but his judgement; and he betrays instead of serving you if he sacrifices it to your opinion.”
—Edmund Burke (1729–1797)