Bank Of Baku

Revenues of international oil and gas companies in Azerbaijan sharply increase

Revenues of international oil and gas companies in Azerbaijan sharply increase
# 17 March 2022 11:14 (UTC +04:00)

In 2021, international oil and gas companies operating in Azerbaijan obtained revenue in the amount of USD 2,1 bln. (AZN 3,6 bln.), according to the calculations of APA-Economics based on the information of the Central Bank.

This indicator is 91% (1,9 times) more in comparison to 2020.

The revenues of the mentioned companies made up 67,7% of Azerbaijan’s payments to non-residents.

 

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