SOFAZ announces revenues from

29 November 2024

SOFAZ announces revenues from ACG

20:51 10 May 2017 Read: 1747

SOFAZ announces revenues from ACG

As of May 1, 2017 SOFAZ (State Oil Fund of Azerbaijan) has earned $1,960,000,000 from Azeri-Chirag-Gunashli (ACG) block of fields.

Total revenues from ACG since 2001 have made up $124.069 billion.

More about:

News Line

Azerbaijani PM sends congratulatory letter to his Georgian counterpart

Azerbaijani PM sends congratulatory letter to his Georgian counterpart

Azerbaijan Army holds tactical-special exercises - VIDEO

Azerbaijan Army holds tactical-special exercises - VIDEO

North Korean defense minister notes extensive exchanges with Russia

North Korean defense minister notes extensive exchanges with Russia

Armenian FM mulls Baku-Yerevan normalization with Finnish president

Armenian FM mulls Baku-Yerevan normalization with Finnish president

Azerbaijan to attend International Green Week - 2025

Azerbaijan to attend International Green Week - 2025

Indian airlines hit by nearly 1000 hoax bomb threats

Indian airlines hit by nearly 1000 hoax bomb threats

Price of Azerbaijani oil rises

Price of Azerbaijani oil rises

Chad ends military cooperation with France

Chad ends military cooperation with France

Canada sues Google over alleged anticompetitive practices in online ads

Canada sues Google over alleged anticompetitive practices in online ads

Biden on Trump’s tariff plan: ‘I hope he rethinks it’

Biden on Trump’s tariff plan: ‘I hope he rethinks it’

Georgia suspends consultations on launch of EU accession talks until 2028

Georgia suspends consultations on launch of EU accession talks until 2028

Another 40 families return to Jabrayil city

Another 40 families return to Jabrayil city

Elon Musk’s X tells the EU: We’re a safe space for free speech

Elon Musk’s X tells the EU: We’re a safe space for free speech

Military attachés visit Azercosmos

Military attachés visit Azercosmos

Azerbaijan, Ethiopia explore prospects for partnership in trade, investment & green energy

Azerbaijan, Ethiopia explore prospects for partnership in trade, investment & green energy

Next tasks fulfilled at “SAT-SAS-2024” exercise, Defense Ministry

Next tasks fulfilled at “SAT-SAS-2024” exercise, Defense Ministry

Magnitude 3.6 quake hits Caspian Sea

Magnitude 3.6 quake hits Caspian Sea

Australian Senate approves social media ban on under-16s

Australian Senate approves social media ban on under-16s

COP29 сlosing plenary held in Baku

COP29 сlosing plenary held in Baku

Total of 25 countries & EU pledge to commit to no new unabated coal power at COP29

Total of 25 countries & EU pledge to commit to no new unabated coal power at COP29

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

Azerbaijani, Iranian special forces begin joint tactical exercise

Azerbaijani, Iranian special forces begin joint tactical exercise

Azerbaijan celebrates Kalbajar City Day in Azerbaijan

Azerbaijan celebrates Kalbajar City Day in Azerbaijan

Azerbaijan welcomes ceasefire between Israel and Lebanon

Azerbaijan welcomes ceasefire between Israel and Lebanon

Aircraft of Azerbaijan Air Force carry out training flights - VIDEO

Aircraft of Azerbaijan Air Force carry out training flights - VIDEO

UN Sec-Gen: COP29 was very much on agenda of G20 Summit in Rio

UN Sec-Gen: COP29 was very much on agenda of G20 Summit in Rio

President Ilham Aliyev congratulates Albanian counterpart

President Ilham Aliyev congratulates Albanian counterpart

President Ilham Aliyev congratulates Trump on his reelection as US President

President Ilham Aliyev congratulates Trump on his reelection as US President

President Ilham Aliyev shares post on Kalbajar City Day - VIDEO

President Ilham Aliyev shares post on Kalbajar City Day - VIDEO

Azerbaijani President: The COP29 is a turning point in climate diplomacy!

Azerbaijani President: The COP29 is a turning point in climate diplomacy!

COP29 Presidency issues statement on climate finance goals and consultation process

COP29 Presidency issues statement on climate finance goals and consultation process

Presidential aide: Instead of apologizing to Azerbaijan, Politico continues to spread disinformation

Presidential aide: Instead of apologizing to Azerbaijan, Politico continues to spread disinformation

Azerbaijani, Iranian forces complete Araz-2024 joint tactical exercise - PHOTO

Azerbaijani, Iranian forces complete Araz-2024 joint tactical exercise - PHOTO

Azerbaijan Army holds tactical-special exercises - VIDEO

Azerbaijan Army holds tactical-special exercises - VIDEO

News Line
Most Read

12:24 Azerbaijani PM sends congratulatory letter to his Georgian counterpart
12:09 Azerbaijan Army holds tactical-special exercises - VIDEO
11:54 North Korean defense minister notes extensive exchanges with Russia
11:39 Armenian FM mulls Baku-Yerevan normalization with Finnish president
11:13 Azerbaijan to attend International Green Week - 2025
10:44 Indian airlines hit by nearly 1000 hoax bomb threats
10:27 Price of Azerbaijani oil rises
10:11 Chad ends military cooperation with France
09:49 Canada sues Google over alleged anticompetitive practices in online ads
09:22 Biden on Trump’s tariff plan: ‘I hope he rethinks it’
09:00 Georgia suspends consultations on launch of EU accession talks until 2028
08:56 Another 40 families return to Jabrayil city
23:41 Elon Musk’s X tells the EU: We’re a safe space for free speech
21:15 Military attachés visit Azercosmos
19:59 Azerbaijan, Ethiopia explore prospects for partnership in trade, investment & green energy
18:28 Next tasks fulfilled at “SAT-SAS-2024” exercise, Defense Ministry
17:36 Magnitude 3.6 quake hits Caspian Sea
17:05 Australian Senate approves social media ban on under-16s
16:46 European Parliament allows internal investigations led by EU’s fraud busters
16:15 Azerbaijani, Iranian forces complete Araz-2024 joint tactical exercise - PHOTO
15:52 Azerbaijan and Greece discuss cooperation in finance
15:43 Putin: Oreshnik’s massive strike comparable to nuclear weapons
15:30 Georgian parliament approves composition of new cabinet
15:18 Astana hosts CSTO Summit of Heads of State
14:47 AZAL plans to launch regular flights from Baku to Zurich
14:47 We urge Poland to avoid escalating situation in S. Caucasus - WAC
14:36 COP29 NGO Coalition issues statement on “Baku Breakthrough”.
14:34 Latvia fully supports Azerbaijan's sovereignty, territorial integrity - ambassador
14:25 Western Azerbaijan Community calls on Greece to refrain from dangerous steps escalating regional tension
14:14 President Ilham Aliyev attends inauguration of Central Botanical Garden
13:50 Calm returns to Pakistani capital Islamabad as opposition supporters back to homes
13:39 World’s best cities 2025: London, Paris, and New York lead the pack
13:36 Azerbaijani Foreign Ministry summons Polish Chargé d'Affaires
12:14 Ilham Aliyev congratulates President of Democratic Republic of Timor-Leste
11:36 President Ilham Aliyev congratulates Albanian counterpart
11:35 UAE’s Abu-Dhabi hosts “Days of Shusha”
11:10 Landslides in Indonesia's Sumatra kill at least 27
10:52 Bomb threats made against Trump cabinet nominees
10:37 Azerbaijani oil drops below $75
09:53 Israel to appeal against ICC warrants for Netanyahu and Gallant
09:31 Outgoing US administration working on new $725M military aid package for Kyiv
09:17 Mukhtar Babayev meets with ambassador of Saudi Arabia to Azerbaijan
23:15 Five of those killed in accident in Tovuz were military personnel - Azerbaijani MoD
22:16 Commemorative coin symbolizing Nizami Ganjavi's heritage presented to UN Secretary-General
21:17 Magnitude 3.3 quake jolts Azerbaijan’s Jalilabad district
19:27 Why India's latest Sun mission finding is crucial for the world - iWONDER
18:25 Azerbaijan’s Central Election Commission forms expert group regarding upcoming municipal elections
17:49 Commemorative coin featuring illustrations from Khamsa manuscripts presented to Guterres
17:44 Icherisheher and Gala Reserve attract over 12,000 visitors during COP29
16:59 Azerbaijan’s CEC forms working group for municipal election document verification
16:57 Azerbaijan's successful holding of COP29 commended in Lefkosa
16:26 Romania asks EU to investigate TikTok’s election handling after ultranationalist’s stunning win
16:26 Azerbaijan to hold municipal elections on January 29
16:13 US lawmakers urge Biden to pardon Assange to send ‘clear message’ on media freedom
15:54 Unidentified drones observed flying over US bases in UK
15:34 Prosecutors investigate racism incident during football match in France
15:12 US seeks full control of Armenia, says Russian intel agency
14:59 Azerbaijan welcomes ceasefire between Israel and Lebanon
14:40 OPEC+ to hold Dec 1 oil policy meeting online
14:25 Azerbaijani parliament adopts amendments to customs tariff law
13:44 Ursula von der Leyen: Europe must fight for its freedom
13:22 Putin: Russia ready for new large-scale projects with Kazakhstan
12:53 Azerbaijan, Lithuania agree to establish joint tax working group
12:44 Azerbaijan records growth in international cargo traffic by sea
12:26 Azerbaijani Culture Minister highlights Baku Process initiative at 10th UNAOC Global Forum in Portugal
12:05 Iran welcomes cease-fire between Israel and Lebanon
11:35 Azerbaijan, Lithuania set to establish working group for developing tax cooperation
11:23 Putin to host traditional informal CIS summit at end of year
11:05 Global oil prices see modest growth
10:53 Ceasefire deal between Israel and Hezbollah takes effect
10:30 Azerbaijani oil price rises in global markets
10:14 Terror suspect on FBI’s most wanted list arrested in north Wales
09:53 Australia launches 'landmark' bill to ban social media for children under 16
08:57 Biden says Israel, Lebanon have agreed to deal to end over year-long conflict
08:36 Armenia welcome to come back to CSTO when ready, 'door open', Kremlin aide says
21:49 The European Union Delegation organises European National Costumes Exhibition in Baku
20:48 COP29 conference in Tatarstan`s media spotlight
18:52 “SAT-SAS-2024” exercise of Azerbaijani and Turkish naval forces continues, Defense Ministry
18:23 Azerbaijan’s Central Election Commission holds meeting
17:32 Russia expels British diplomat over spying claims
17:22 Azerbaijani parliament projects 5.3% increase in revenue for 2025 budget
16:48 Preparations for Araz-2024 joint tactical exercise wrap up
16:42 Russia's Putin calls on CIS intelligence agencies to prevent instability
16:15 Azerbaijan, UAE ink memorandum on mine clearance cooperation
16:08 October 2024 becomes second-warmest month globally in last 50 years
15:31 Presidential aide: Instead of apologizing to Azerbaijan, Politico continues to spread disinformation
15:17 Azerbaijan, Turkish Republic of Northern Cyprus sign memorandum on insurance
15:00 Many security personnel killed as violence erupts in Islamabad
14:41 Putin to conduct state visit to Kazakhstan
14:24 Georgian parliament speaker proposes December 14 for presidential elections
13:57 Israeli Cabinet set to vote on Lebanon cease-fire deal
13:49 EU to invest €1 billion in Ukraine's military industry
12:56 SOCAR, DeGolyer and MacNaughton discuss geothermal energy projects
12:10 G7 foreign ministers meet in Italy to discuss Middle East, Ukraine
11:47 UN partners with Azerbaijan to promote ASAN Service model across four continents
11:27 Magnitude 3.1 quake hits Azerbaijan’s Mingachevir district
11:08 Lebanese lawmaker says cease-fire deal with Israel close
11:01 Abu Dhabi hosts Global Food Week 2024
10:59 Oil prices jump in global markets
10:22 Latvian ambassador congratulates Azerbaijan on successful completion of COP29
10:14 30th anniversary of Azerbaijan's joining NATO's PfP program marked in Baku
09:51 Azerbaijani oil price drops in global markets
09:25 Trump vows day-one tariffs on Mexico, Canada and China
09:11 Fire breaks out in Japan during test of Epsilon S rocket engine
23:45 President Ilham Aliyev congratulates Trump on his reelection as US President
22:04 Air Arabia flying Moscow-Sharjah makes emergency landing in Azerbaijan
21:46 Embassies of Azerbaijan and Kazakhstan host official reception in Cambodia
21:45 Key outcomes of COP29 conference in Turkish media spotlight
20:03 COP29: Key outcomes of Baku-hosted conference in world media spotlight
19:55 Meeting with NATO delegation held in Baku, Defense Ministry
18:39 Azerbaijan's investment opportunities promoted in Izmir
17:43 Rescue operation launched after Red Sea tourist boat sinks
17:32 Azerbaijan, NATO explore cooperation prospects
17:15 Iran set to hold nuclear talks with European troika after IAEA resolution
16:59 UK expands sanctions against Russia
16:28 Ultranationalist candidate leading in 1st round of Romania's presidential election
16:14 UN calls on urgent measures to fight violence against women
16:01 Azerbaijani shooter claims silver in Walther Youth Cup Smederevo
15:53 Aircraft of Azerbaijan Air Force carry out training flights - VIDEO
15:24 Azerbaijan’s Minister of Culture to attend 10th UNAOC Global Forum in Portugal

21:49 The European Union Delegation organises European National Costumes Exhibition in Baku 702
16:42 Russia's Putin calls on CIS intelligence agencies to prevent instability 657
16:48 Preparations for Araz-2024 joint tactical exercise wrap up 645
16:08 October 2024 becomes second-warmest month globally in last 50 years 636
17:32 Russia expels British diplomat over spying claims 632
12:26 Azerbaijani Culture Minister highlights Baku Process initiative at 10th UNAOC Global Forum in Portugal 611
20:48 COP29 conference in Tatarstan`s media spotlight 606
18:52 “SAT-SAS-2024” exercise of Azerbaijani and Turkish naval forces continues, Defense Ministry 603
14:59 Azerbaijan welcomes ceasefire between Israel and Lebanon 590
10:30 Azerbaijani oil price rises in global markets 588
18:23 Azerbaijan’s Central Election Commission holds meeting 578
16:59 Azerbaijan’s CEC forms working group for municipal election document verification 573
10:53 Ceasefire deal between Israel and Hezbollah takes effect 572
15:34 Prosecutors investigate racism incident during football match in France 566
17:22 Azerbaijani parliament projects 5.3% increase in revenue for 2025 budget 560

Tell me about Azerbaijan

10:28

2021/11/1635834059.jpg

Drive up high to the remote village of Khinalig – Azerbaijan| PHOTOS

Armenian Aggression

12:13

2021/08/1629188112.jpg

Glorification of Armenian terrorism in California - OPINION

15:49

2023/12/1702641119.jpg

2023 champions honored at FIA Prize Giving event in Baku - NO COMMENT

Azerbaijan in Focus

09:37

2021/10/1634017375.jpg

EURONEWS : Highly skilled art of copperware production lives on in Lahij| VIDEO

23:17

2021/10/1634066358.jpg

Armenia launches criminal case on Serzh Sargsyan's visit to Baden-Baden - CARTOON

19:30

516OIzDe1pL._BO_.jpg

Years of Blood: A History of the Armenian-Muslim Clashes - Audiobook

About us

If you have a story you think we might be interested to know about please email our news team at [email protected] or phone +994 125975052 and ask to be put through to AzVision.

Azvision.az ©2014 | All rights reserved