Azerbaijan allocates AZN 500M for Southern Gas Corridor

02 July 2026

Azerbaijan allocates AZN 500M for Southern Gas Corridor

21:57 11 January 2017 Read: 1250

Azerbaijan allocates AZN 500M for Southern Gas Corridor

State Oil Fund of Azerbaijan will spend AZN 496,155,000 to the Southern Gas Corridor projects this year, down AZN 1,859,163,000 or 4.7 times from 2016.

This was reflected in the decree on approval of SOFAZ budget for 2017.

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