Bank Of Baku

Azerbaijan's profit obtained from ACG unveiled

Azerbaijan
# 13 September 2023 12:05 (UTC +04:00)

Azerbaijan has gained a net profit of 168 billion dollars within the framework of the development project of the Azeri-Chirag-Guneshli oil and gas field block (ACG) since 2001 to now, the head of the Public Relations Department at BP Azerbaijan, Tamam Bayatli said the presentation as part of the media tour organized to the Sangachal terminal for the journalists by The Ministry of Energy of Azerbaijan, APA-Economics reports.

According to her, so far, BP and its partners have invested 84 billion dollars in the projects carried out in Azerbaijan, Georgia, and Türkiye.

Tamam Bayatli noted that 30% of these investments were done by BP.

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