
We publish Dr. Gubad Ibadoghlu’s research exposing corruption among the Azerbaijani elites.
About the Files
Gubad Ibadoghlu published hundreds of analytical and academic papers on topics regarding human rights, corruption, energy and governance in Azerbaijan. We are updating the page continuously as we’re collecting more of his files. Please help us to publish more papers by sending them to gubadfiles@gmail.com.
The two latest uploads are found below.
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Diminishing Returns: Capital Efficiency and Azerbaijan’s Oil Revenue Decline
By Dr. Gubad Ibadoghlu, Visiting Senior Fellow at London School of Economics and Political Science (LSE) Abstract Azerbaijan’s oil revenues are conventionally understood as a function of two variables: production volume and world oil price. This article shows that this two-factor model is no longer sufficient to explain the country’s fiscal trajectory. During the first…
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Exporting Gas, Exporting Emissions: The Externalization of Climate Costs through the Southern Gas Corridor
Abstract This article examines the structural tension between Azerbaijan’s international climate commitments and its expanding role as a major natural gas exporter to Europe. Since hosting COP29 in 2024, Azerbaijan has positioned itself as an active participant in global environmental governance while simultaneously accelerating hydrocarbon production, developing new gas fields (including Absheron Phase II, Babek,…
“[Dr. Gubad] who is cockcrowing from abroad shut your tongue into your stomach!”

Ilham Aliyev
President and autocratic ruler of Azerbaijan

