The Importance of the Energy Sector in the Geoeconomic Situation of Azerbaijan in the First Decade of the 21st Century

The article analyzes the development path of the energy sector of Azerbaijan over the past quarter century and its geoeconomic significance. The article jointly analyzes the geoeconomic parameters of Azerbaijan’s energy resources and their role in economic diversification for the first time. This analysis covers a certain period of time, during which new proposals are made, such as revising the importance of energy resources in the world and implementing the transition to green energy. Studying the material of the article allows us to consider to a certain extent the nature of the global political course around energy resources and the dividends that it has brought and can bring in the future to Azerbaijan. On the eve of the COP 29 event, it is very important to analyze the positive impact of this event on the geopolitical influence of Azerbaijan and the benefits it brings to its geoeconomic interests. It can also serve as a kind of basic material for researchers conducting research in this direction. The importance of the energy sector in Azerbaijan's geoeconomic situation during the first decade of the 21st century can be explored through several dimensions, including the country's strategic position, its energy resources, and how these elements shaped its geopolitical influence and economic growth. The scientific innovation of this theme lies in understanding the transformational role that Azerbaijan's energy sector played not only in its national development but also in the broader regional and global geopolitical context.