Azeriqaz

Name

Azeriqaz

Legal name

Azəriqaz İstehsalat Birliyi

Website

https://azeriqaz.az

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Natural Gas Distribution Utilities

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (2212), Natural Gas Distribution (221210)

SIC

Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Gas Mains (Distribution Pipelines) (EUAJABAA)

akta.pro secondary industries

Customer Satisfaction, QA & Performance Analytics (VoC, NPS/CSAT) (EUAJAHAN), Remote Monitoring/Telemetry for Regulators & Meter Stations (RTUs, Sensors) (EUAJAKAM), Natural Gas Retail Supply (Residential & SMB) (EUAGAGAD)

Keywords

• Natural gas distribution
• Gas utility services
• Residential gas supply
• Smart gas metering
• Gas pipeline infrastructure

Headquarters

HQ city

Baki

HQ country

Azerbaijan

HQ region

Asia

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Natural Gas Sales: Azeriqaz receives natural gas from supply points, distributes and sells it throughout Azerbaijan. Revenue is generated through tariff-based gas sales to more than 2.7 million consumers across residential, commercial and industrial segments.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Azeriqaz is the state-owned natural gas distribution utility of Azerbaijan, operating as a Production Union within SOCAR. The company receives natural gas from supply points and distributes it through gas control stations, pipelines, and metering systems to more than 2.7 million residential, commercial, and industrial consumers across Azerbaijan. It also provides smart prepaid gas meters (ITRON, Gallus Pay, Zenner) and gasification services for new subscribers.

Product overview

Azeriqaz is Azerbaijan's state-owned natural gas distribution company operating under SOCAR. The company offers a unified portfolio of gas supply and distribution services centered around natural gas distribution to over 2.7 million consumers. The product ecosystem includes smart gas meters (ITRON Smart Card, Gallus Pay Smart-Itron, and Zenner Smart types) for prepaid consumption tracking, complemented by digital services including online payment platforms, balance inquiry systems, and an electronic services portal (aq.azeriqaz.az). Gasification services for both residential and non-residential customers are provided through licensed contractors, with recent innovation in the form of the pioneering Smart Gas Network Management System ("Ağıllı Qaz Şəbəkəsi İdarəetmə Sistemi").

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Gas Supply and Distribution

Quantifiable outcome

• Serves over 2.7 million consumers with natural gas

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• SOCAR (State Oil Company of Azerbaijan Republic)coreStrategic or Co-development PartnerAzeriqaz operates as a Production Union within SOCAR structure. SOCAR oversees the gas industry renewal in accordance with modern requirements and international standards, with new projects being implemented. Azeriqaz reorganized into SOCAR structure in July 2009 under Presidential Decree.
• ASAN Service and ASAN KommunalcoreChannel Partner/ Reseller/ DistributorGovernment service centers where Azeriqaz provides services including new subscriber registration, technical conditions for gasification, smart card services, meter changes, and balance inquiries. These centers serve as the primary customer-facing channel for residential subscriber services.
• Million, Emanat, Expresspay, Hesab.azminorChannel Partner/ Reseller/ DistributorOnline payment platform partners that enable Azeriqaz subscribers to pay gas bills electronically through their respective systems.
• Contractor Organizations for Gas InstallationminorImplementation/ SI/ Consulting PartnerLicensed contractor organizations authorized to perform gas installation works for both residential and non-residential premises. Information about these contractors is published through the Competition Commission.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Tbilgazi: Tbilisi's gas distribution company supplying natural gas to Georgian consumers. A regional comparable operating in a neighboring Caucasus country with similar climate-driven residential heating demand patterns.
• Moldovagaz: Moldova's primary natural gas distribution company, supplying residential, commercial, and industrial consumers. Comparable as a regional CIS/post-Soviet gas distribution utility serving a small-to-mid sized national market.

Broad incumbents

• SNAM: Italy's leading natural gas infrastructure operator, operating one of Europe's largest gas transmission and distribution networks. Comparable as an established regulated utility with mature gas metering and network management capabilities.
• Enbridge Gas Distribution: Enbridge Gas Distribution and Storage serves residential, commercial, and industrial customers in Ontario and Quebec, Canada. Comparable as a regulated large-scale gas distribution utility with smart metering initiatives and tiered residential tariff structures.
• SOCAR: Azeriqaz's parent company and Azerbaijan's state oil and gas champion. SOCAR operates across upstream production, midstream processing, and downstream distribution, providing Azeriqaz with its gas supply and strategic oversight — making it the most directly comparable entity by virtue of being the parent.
• National Grid Gas: National Grid's gas distribution business serves millions of consumers across the UK with regulated distribution network operations. Comparable as a mature large-scale regulated gas distribution utility with significant smart metering deployment.

Direct peers

• KazTransGas: Kazakhstan's national natural gas operator under KazMunayGas, responsible for gas transportation and distribution. Operates a similar state-owned regulated utility model in a former-Soviet Central Asian market adjacent to Azerbaijan.
• BOTAŞ: Turkey's state-owned Petroleum Pipeline Corporation operates natural gas transmission and wholesale distribution nationally, similar to Azeriqaz's role in Azerbaijan. Both are state-owned gas infrastructure monopolies in neighboring Caspian/Middle East transit countries with comparable regulatory structures.
• QazProm MezhregionGaz: The regional gas distribution arm of Gazprom, supplying gas to residential and industrial consumers across Russian regions. Operates as a regulated state-affiliated gas distribution utility in a comparable post-Soviet regulatory environment.
• Turkmengaz: Turkmenistan's state-owned gas monopoly, controlling production, processing, and distribution of natural gas domestically. Comparable as a vertically integrated state gas company in a regional Caspian basin economy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AzeriqazS
• Facebookfacebook.com/AzeriqazIctimaiShura
• LinkedInlinkedin.com/company/azeriqaz

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Azeriqaz