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Global diesel crisis highlights Azerbaijan’s growing role in fuel supply

17 0
21.10.2026

Azerbaijan has the most affordable gasoline among the countries of the South Caucasus. Despite relatively low fuel prices compared with neighboring Georgia and Armenia, household spending on automotive gasoline and diesel fuel in Azerbaijan continued to increase in the first nine months of 2026, exceeding 3 billion manats in retail sales.

According to Numbeo's ranking, gasoline in Azerbaijan costs $0.67 per liter, placing the country 90th [the higher the number, the higher the rating] in the global list. The figures highlight the difference in fuel prices across the South Caucasus, where motorists face significantly higher costs in neighboring countries.

That placement is no accident. Azerbaijan is an energy exporter with its own crude, its own refining capacity, and a state oil company, SOCAR, woven deep into the retail chain. When a country pumps and processes a large share of what its drivers burn, the price at the pump is insulated from the swings that batter import-dependent neighbors.

In Georgia, the price of gasoline stands at $1.40 per liter, with the country ranking 55th. Armenia follows with a price of $1.57 per liter, placing it 46th in the ranking. The figures indicate that gasoline in Georgia costs more than twice as much as in Azerbaijan, while the price in Armenia is also........

© AzerNews