Energy Supply Security and Trade Routes Competition between European and Asian Countries: The Geoeconomic Importance of Azerbaijan

Abstract

Azerbaijan's abundant energy resources and its role as a key transit hub for pipelines have made it a focal point in the geoeconomic policies of its energy-rich neighbors and European countries with significant energy demand. This study aims to conduct a geoeconomic evaluation of the energy sector and trade routes, which have been central to the Europe-Asia competition for centuries, focusıng on regional economic policies centered around Azerbaijan. It has analyzed the existing and planned potential route projects for trade and energy supply between the two continents, providing an assessment of possible gains and losses on regional and global levels. This analysis has been presented in the form of geoeconomic parameters derived from numerical and descriptive content analysis.