Finance

Home page

Finance

SOFAZ's revenues from ACG field approach AZN 4.4 billion

23 July 2026 13:20 (UTC +04:00)

In January–June 2026, revenues from the Azeri-Chirag-Gunashli (ACG) field to the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to AZN 4.3749 billion, APA-Economics reports, citing SOFAZ.

This is AZN 52.4 million, or 1.2%, less than in the same period of 2025. In the first half of last year, revenues from the ACG field to the Fund totaled AZN 4.4273 billion.

Overall, SOFAZ's revenues from the implementation of oil and gas agreements amounted to AZN 4.9534 billion. Of this, AZN 4.9476 billion came from the sale of profit oil and gas, while AZN 0.9 million came from bonus payments and transit revenues, and AZN 4.9 million from acreage fees.

Rahim Tariverdiyev

SOFAZ State Oil Fund of Azerbaijan ACG Azeri-Chirag-Gunashli Azerbaijan oil revenues gas revenues profit oil bonus payments transit revenues acreage fees APA-Economics