Editing Economy of Azerbaijan (section)

===Energy===
{{main|Energy in Azerbaijan}} {{Further|Petroleum industry in Azerbaijan}}
[[File:Baku pipelines.svg|thumb|right|The [[Baku-Tbilisi-Ceyhan pipeline]] (green) is one of several pipelines running from Baku.]]
Two-thirds of Azerbaijan is rich in oil and natural gas.<ref name="AZ">{{cite web|title=Azerbaijan{{Snd}} General Information |publisher=Heydar Aliyev Foundation |url=http://www.azerbaijan.az/_Geography/_GeneralInfo/_generalInfo_e.html |access-date=2007-05-22 |archive-url=https://web.archive.org/web/20070528033940/http://www.azerbaijan.az/_Geography/_GeneralInfo/_generalInfo_e.html |archive-date=28 May 2007 |url-status=live }}</ref> The region of the [[Lesser Caucasus]] accounts for most of the country's gold, silver, iron, copper, [[titanium]], [[chromium]], [[manganese]], [[cobalt]], [[molybdenum]], complex [[ore]] and [[antimony]].<ref name="AZ"/> In September 1994, a 30-year contract was signed between the [[State Oil Company of Azerbaijan Republic]] (SOCAR) and 13&nbsp;oil companies, among them [[Amoco]], [[BP]], [[ExxonMobil]], [[Lukoil]] and [[Statoil]].<ref name="AZE">{{cite web|title=Azerbaijan{{Snd}} General Information |publisher=Heydar Aliyev Foundation |url=http://www.azerbaijan.az/_Economy/_GeneralInfo/_generalInfo_e.html |access-date=2007-05-22 |archive-url=https://web.archive.org/web/20070505020428/http://www.azerbaijan.az/_Economy/_GeneralInfo/_generalInfo_e.html |archive-date=5 May 2007 |url-status=live }}</ref> As Western oil companies are able to tap deep-water [[oil field|oilfields]] untouched by the Soviet exploitation, Azerbaijan is considered one of the most important spots in the world for [[Hydrocarbon exploration|oil exploration]] and development.<ref>{{cite web| title = Azerbaijan: Economy| publisher = globalEDGE| url = http://globaledge.msu.edu/countryInsights/economy.asp?countryID=11&regionID=3| archive-url = https://web.archive.org/web/20071012194537/http://globaledge.msu.edu/countryInsights/economy.asp?countryID=11&regionID=3| url-status = dead| archive-date = 12 October 2007| access-date = 29 May 2007}}</ref>  Azeriqaz, a sub-company of SOCAR, intends to ensure full gasification of the country by 2021.<ref>{{cite web|url=http://abc.az/eng/news_13_02_2010_42618.html |title=SOCAR plans to completed full gasification of Azerbaijan only by 2021 |publisher=Azerbaijan Business Center |access-date=6 June 2010}}</ref>