Revenues of Azerbaijan's state budget from Shah Deniz to increase sharply

Revenues of Azerbaijan
# 01 November 2022 15:58 (UTC +04:00)

Revenues of state budget for next year from income tax on export of natural gas produced from Shah Deniz gas-condensate field, are forecasted to be AZN 2 875 mln., which is 78.6% more in comparison with an indicator of this year, it has been noted in the commentary of the Chamber of Accounts on the law "On state budget for 2023|. APA-Economics reports.

In the commentary, it is noted that the (Production Sharing Agreements) PSA profit tax on the Shah Deniz project is considered to be AZN 1,610 mln.