Baku 24° C
SOFAZ's revenues from development of ACG in 2025 amounted to approximately 8.3B manats
Energy
- 27 January, 2026
- 11:41
Add Report.az to preferred Google sources
Stay up to date with the top news!
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)
Author
ARDNF AÇG-nin işlənməsindən 8 milyard manatdan çox gəlir əldə edib
Доходы ГНФАР за 2025 год от разработки АЧГ составили около 8,3 млрд манатов
Latest News
14:26
Photo
Ali Asadov discusses bilateral cooperation with President of Laos
Foreign policy
14:25
Hakan Fidan to represent Turkish President Erdogan at CICA Summit in Baku
Foreign policy
14:18
Photo
Uzbekistan adopts Azerbaijan's experience in energy sector
Energy
13:58
Vietnamese Vice President arrives in Azerbaijan for CICA Summit
Foreign policy
13:56
Photo
Media Council: Iran's Sahar Azəri spread disinformation by linking footage from Diyarbakır to Azerbaijan
Media
13:51
IEA: Azerbaijan fell 110,000 b/d short of OPEC+ quota in September
Energy
13:18
Deputy Minister: Reconstruction of Khankandi Stadium nearing completion
Infrastructure
13:17
Discover the World appointed to represent AZAL in Belgium and the Netherlands
Infrastructure
13:15
Nearly $650,000 to be invested in PPP projects in Azerbaijan
Business