Azerbaijan increases revenues from hydrocarbon sales by 32% 

Agshin Rafigoglu
Author

In 2022, Azerbaijan earned 19,698.9 million manats, or $11,587.6 million, from the sale of hydrocarbons, Report informs, citing the results of the audit of the formation and use of funds of the State Oil Fund conducted by the Chamber of Accounts.

This figure is up 4,705.5 million manats ($2.77 billion), or, 31.8%, from the confirmed budget of the Fund for 2022.

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