November 21, 2012 - 14:10 AMT
PanARMENIAN.Net - Azerbaijani President Ilham Aliyev seems to have lost sense of proportion. He has recently twitted extracts from his speech during a meeting marking the 20th anniversary of New Azerbaijan Party.
In his speech the Azeri President dubbed “Armenia a country of no value, a colony, an outpost run from abroad.” Moreover he called Armenia “territory artificially created on ancient Azerbaijani lands.”
“Azerbaijan grows stronger and more powerful with every passing year, while Armenia weakens and declines every year," Aliyev said in a further tweet.
It’s no secret that impunity serves an engine for Aliyev’s speeches. The country’s rich oil deposits conceal his complete disregard for the international community, international law and mediators’ direct calls on Nagorno Karabakh settlement.
However, Azerbaijani energy resources are forecasted to deplete soon. Baku already considers 6 percent drop in oil production to 42.9 million tons. 17 years ago the country’s oil deposits were reported at 4-12 bln tons, with only 1,5 bln tons remaining at present. 50 mln tons of oil is annually pumped out in Azerbaijan (almost 90% raw oil exported), with sharp decline in production predicted starting 2014.
With all oil reserves expected to end some day, Baku will be forced to pay the bills.