SOFAZ's revenues from development of ACG in 2025 amounted to approximately 8.3B manats

Agshin Rafigoglu
Author

In 2025, the State Oil Fund of Azerbaijan (SOFAZ) received 8.292 billion manats in revenue from the development of the Azeri-Chirag-Gunashli (ACG) field block, located in the Azerbaijani sector of the Caspian Sea, Report informs referring to SOFAZ.

In 2024, SOFAZ's revenue from the development of the ACG field block was $6.158 billion (10.469 billion manats). Thus, this revenue decreased by 20.8% in 2025.

Overall, in 2025, the State Oil Fund's revenue from the sale of profitable oil and gas in Azerbaijan amounted to 9.497 billion manats.

($1=1.7 manats)

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