COMPARATIVE CHARACTERISTICS OF THE LEGAL AND REGULATORY FRAMEWORK OF THE OIL INDUSTRY IN SUDAN AND AZERBAIJAN

Abstract

The oil industry is one of the industries that contribute strongly to the economic and social development of any oil country at the present time. Oil has also become a strategic commodity with geopolitical and strategic dimensions. However, this industry is also known as a source of emissions and pollutants, and it also constitutes political instability if it is not managed in the right way. optimum. This article aims to compare the legal frameworks, policies, and legislation in the oil sector in both Sudan and Azerbaijan, whichever has the ability to contribute to the development of the oil industry in a sustainable manner that meets the requirements of economic and social development.
 The article used descriptive and analytical research methods that were relied upon to obtain the necessary information and data and analyze them through secondary sources, such as reports and related studies. It found that there are some discrepancies in the legislation and legal frameworks related to the oil development industry in both Sudan and Azerbaijan. The article also found Azerbaijan has more experience in applying laws and legislations to develop the oil industry, which was clearly reflected in the development of the oil industry and its contribution to sustainable economic and social development, while the article found that there is a clear weakness in the laws and legislations related to the development of the oil industry in Sudan, which negatively affected the development of the oil industry And led to a diminished contribution to economic and social development.
 The article recommended the need to benefit from the Azerbaijani experience in the field of legislation and legal frameworks in order to promote the development of the oil industry in Sudan to achieve maximum benefit from this sector in economic and social development and the sustainability of political stability.