Status and prospects of development of business activity in the oil industry of Azerbaijan

Nigar Ibragimova
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Nigar Ibragimova: Azerbaijan State University of Oil and Industry

Ukrainian Journal Ekonomist, 2016, issue 10, 17-23

Abstract: On the basis of long-term statistics, reporting, and accounting data to analyse and evaluate the current state of the organization of business activities of the oil industry of Azerbaijan, identified reserves and proposed a number of specific recommendations for their management. With a particular focus on the improvement of innovation in business processes; conduct continuous market research on the world market; the implementation of a combined distribution channel; implementation of international standards at the refinery; implementation of the strategic decisions in the organization of commercial business; rational use of the design capacity of export pipelines; expansion of SOCAR petrol stations network in foreign countries.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:uje:journl:y:2016:i:10:p:17-23

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