The Azerbaijan State News Agency

ECONOMY

SOFAZ earned $2.77bn from ACG project this year

SOFAZ earned $2.77bn from ACG project this year

Baku, August 16, AZERTAC

Azerbaijan’s State Oil Fund (SOFAZ) said it earned $2,770,000,000 as part of the Azeri-Chirag-Gunashli oil and gas project in January-July of this year.

The company said the project had earned it $119,779,000,000 since 2001.

Share news on social media

Follow us on social network

Other news in this section

Oil prices fall in world markets
  • 29.08.2023 [10:41]

Oil prices fall in world markets

Azerbaijani oil price sells for $88.56
  • 29.08.2023 [10:34]

Azerbaijani oil price sells for $88.56

Shah Deniz celebrates 200 billion cubic metres of total gas production
  • 28.08.2023 [16:41]

Shah Deniz celebrates 200 billion cubic metres of total gas production

Oil prices rise in world markets
  • 28.08.2023 [10:49]

Oil prices rise in world markets

Azerbaijani oil price exceeds $88
  • 26.08.2023 [10:53]

Azerbaijani oil price exceeds $88

Oil prices rise in world markets
  • 26.08.2023 [10:36]

Oil prices rise in world markets

Azerbaijani oil price drops in world markets
  • 25.08.2023 [11:00]

Azerbaijani oil price drops in world markets

Oil prices rise in world markets
  • 25.08.2023 [10:21]

Oil prices rise in world markets

Oil prices fall in world markets
  • 24.08.2023 [10:57]

Oil prices fall in world markets

AzerGold organizes a series of events marking Victory Day

  • [19:24]

Azerbaijan’s Victory Day celebrated in Kenya

  • [19:18]

Innovative governance solutions developed at ASAN Khidmet–UN Summit

  • [19:09]

Kenyan cult leader sentenced to 200 years in prison over deaths of 191 followers

  • [18:58]

AFFA officials attend UEFA’s annual conference

  • [18:52]

Diplomatic hopes drive 15.5% weekly drop in European gas prices

  • [18:51]

Romanian media highlights cargo shipments to Mexico via Middle Corridor

  • [18:46]

Azerbaijan, UN discuss prospects for cooperation

  • [18:38]

® 1,250 trees planted in one day with ABB Bank's support

  • [18:36]

Photo exhibition “Revival of Garabagh: The Story of Azerbaijan’s Renaissance” on display in Baku Metro

  • [18:25]

Two planes land at Sofia Airport following bomb threats

  • [18:21]

Azerbaijan’s Victory Day celebrated in China

  • [18:19]

Azerbaijan, ESCWA explore avenues for practical cooperation

  • [18:19]

President Ilham Aliyev and First Lady Mehriban Aliyeva attended opening of Zangilan City Education Complex

  • [18:12]

President: Return of IDPs to their native lands was greatest dream of every citizen

  • [18:10]

Azerbaijan’s tumbling team crowned world champions for third time

  • [17:58]

President Ilham Aliyev: Our people and future generations will always take pride in our Victory

  • [17:53]

Albania’s Fier Memorial Hospital performs first permanent pacemaker surgery

  • [17:47]

President Ilham Aliyev and First Lady Mehriban Aliyeva attended inauguration of first phase of Jahangirbeyli village in Zangilan

  • [17:45]

Romanian media highlights Azerbaijan’s Victory Day

  • [17:44]

Global food prices fall 1.2% in October as cereal, meat, dairy prices ease

  • [17:42]

Azerbaijan and Suriname discuss prospects for cooperation in trade, investment and energy

  • [17:41]

Winners of sports competitions marking Victory Day awarded at Baku Engineering University

  • [17:38]

Ambassador: China and Azerbaijan will celebrate 35th anniversary of establishment of diplomatic relations in 2027

  • [17:38]

November 6 marks International Day for Preventing the Exploitation of the Environment in War and Armed Conflict

  • [17:31]

Azerbaijani delegation attends SPECA Week events

  • [17:30]

“Made in Azerbaijan” products showcased at China International Import Expo

  • [17:21]

Azerbaijan Airlines prepares next generation of aircraft maintenance specialists

  • [17:19]

Azerbaijan and China explore new air connectivity opportunities

  • [17:08]

China and Azerbaijan eye enhancing collaboration across 4 global initiatives, ambassador says

  • [17:04]

UN refugee agency warns nearly 90M displaced people face severe climate risks

  • [16:46]

China stands ready to strengthen AI cooperation with Azerbaijan

  • [16:45]

International summit participants visit ASAN Khidmet Center in Baku

  • [16:33]

First phase of Soltanli village in Jabrayil district inaugurated VIDEO

  • [16:00]

6.1-magnitude earthquake hits eastern Japan coast: JMA

  • [15:57]

Baku State University, University of Georgia sign MoU

  • [15:40]

President Ilham Aliyev and First Lady Mehriban Aliyeva attended opening of non-alcoholic beverage production facility in Jabrayil district VIDEO

  • [15:40]

Egyptian radio airs program on Egypt-Azerbaijan relations

  • [15:28]

Military marches and performances by military bands to be held for national holidays

  • [15:27]

Georgian delegation visits special educational institutions under National Defense University

  • [15:25]

YAP Deputy Chairman elected Vice-Chairman of ICAPP Bureau

  • [14:57]

Lu Mei: Demining cooperation between China and Azerbaijan contributes to global security

  • [14:40]

® Azercell awards two Toyota Corolla Cross vehicles and 14 iPhone 17 Pro smartphones in the first draws of the “30 il səninlə” lottery

  • [14:14]

Ambassador highlights strong potential and dynamic development of Azerbaijan-China relations

  • [13:55]

Azerbaijan explores public administration issues with foreign partners

  • [13:45]

Astana hosts Aqaba Process Summit on AI security

  • [13:28]

Tree-planting campaign held at Lachin’s “Beylik Gardens” with Garabagh Revival Fund funding

  • [13:24]

Ambassador: Trade between China and Azerbaijan reaches record high

  • [13:11]

From Mohammed Abunayyan, Founder and Chairman of the Board of Directors of Acwa Power, Kingdom of Saudi Arabia

  • [13:06]

Almost all coral reef ecosystems face risk of collapse in 50 years, study warns

  • [13:06]

Bulgarian naval research vessel Sv. Sv. Kiril i Metodii to head for Dardanelles on Fifth Antarctic voyage

  • [13:06]

Mexican media outlet highlights President Ilham Aliyev’s strategic leadership

  • [12:56]

UN Governance Innovation Summit continues with panel discussions in Baku

  • [12:39]

Presidential Library hosts event dedicated to National Flag Day

  • [12:31]

Kubler lifts Freiburg past Trabzonspor as Lugano takes Conference League lead

  • [12:09]

U.S. forces in Japan's Okinawa to extend night curfew for another month

  • [12:06]

Two universities from Kyrgyzstan named among best in Central Asia

  • [12:05]

Azeri oil price reaches $107

  • [12:05]

Baku hosts CIMIC training course

  • [11:13]

Azerbaijan, Ukraine adopt Action Plan for Development of Economic Cooperation

  • [11:06]

Marseille ends Leverkusen's unbeaten run as Benfica stays top in Europa League

  • [10:57]

Oil prices rise on global markets

  • [10:49]

Gold and silver prices decline on global markets

  • [10:49]

Azerbaijan`s Victory Day marked in Rome

  • 05.11.2026 [22:14]

US first lady highlights ceasefire in Oleshky; urges lasting Russia, Ukraine peace

  • 05.11.2026 [22:01]

North Korea likely to secure UNESCO listing for taekwondo

  • 05.11.2026 [21:35]

Dutch airline KLM announces restructuring affecting around 5,000 positions

  • 05.11.2026 [21:35]

Barcelona captain Raphinha extends contract until 2030

  • 05.11.2026 [21:19]

Two major UK airports ‘targeted by bomb threats’ – after flights across Europe rocked by alerts

  • 05.11.2026 [21:03]

Eiffel Tower closed amid nationwide protests, strikes in France

  • 05.11.2026 [20:55]

Azerbaijan’s Labor Ministry hosts delegations from Djibouti and Guinea-Bissau

  • 05.11.2026 [20:54]

Regional solutions for resilient, adaptive and anticipatory institutions discussed at Baku-hosted international summit

  • 05.11.2026 [20:24]

Baku-hosted international summit explores governance innovations

  • 05.11.2026 [20:20]

Azerbaijan, FAO discuss cooperation, joint projects

  • 05.11.2026 [20:14]

Top stories update

  • 05.11.2026 [20:00]

Baku-hosted international summit features discussions on leadership in building prosperous and inclusive societies

  • 05.11.2026 [19:52]

Azerbaijan’s Parliament Speaker embarks on working visit to Kazakhstan

  • 05.11.2026 [19:36]

Azerbaijan, Estonia explore possibility of holding business forums

  • 05.11.2026 [19:11]

Azerbaijan, Greece discuss cooperation in digital development

  • 05.11.2026 [19:06]

Baku hosts discussions on new institutional models for evolving governance landscape

  • 05.11.2026 [18:59]

Azerbaijan, Ukraine hold business roundtable

  • 05.11.2026 [18:58]

Azerbaijan to promote Garabagh’s investment opportunities in Türkiye

  • 05.11.2026 [18:41]

Baku hosts First Azerbaijan Regional Aquaculture Forum

  • 05.11.2026 [18:30]

From Shavkat Mirziyoyev, President of the Republic of Uzbekistan

  • 05.11.2026 [18:26]

Azerbaijan’s Victory Day celebrated in Berlin

  • 05.11.2026 [18:00]

Kenyan Prime Cabinet Secretary highlights importance of expanding cooperation with Azerbaijan

  • 05.11.2026 [17:45]

Polish media highlights Azerbaijan’s growing role in Middle Corridor

  • 05.11.2026 [17:43]

French lawmakers reject 2027 budget revenue section with no votes in favor

  • 05.11.2026 [17:41]

UN presents Azerbaijan with special certificate in recognition of “ASAN Khidmet”

  • 05.11.2026 [17:41]

Heydar Aliyev Foundation organizes tour to “Mama Nature” international art exhibition in Ashgabat

  • 05.11.2026 [17:33]

Opportunities for Estonian IT companies to access Azerbaijani market discussed

  • 05.11.2026 [16:57]

To His Excellency Mr. Luiz Inacio Lula da Silva, President of the Federative Republic of Brazil

  • 05.11.2026 [16:56]

Guinea aims to modernize public services by 2040 based on ASAN Khidmet model

  • 05.11.2026 [16:55]

416 Afghan prisoners freed from Pakistani jails, returned home

  • 05.11.2026 [16:55]

Azerbaijan’s Victory Day celebrated in Israel

  • 05.11.2026 [16:24]

Azerbaijan and Georgia National Defense Universities share experience

  • 05.11.2026 [16:10]

Number of countries represented in Global South Youth Platform reaches 40

  • 05.11.2026 [16:07]

Cristiano Ronaldo announces retirement from international football

  • 05.11.2026 [16:04]

Central Bank, Binance discuss tokenization of real-world assets

  • 05.11.2026 [15:49]

November 8 – Azerbaijan’s Victory Day celebrated in Seoul

  • 05.11.2026 [15:48]