SOFAZ’s Revenues from ACG Field Approach AZN 4.4 Billion

Baku: In January-June 2026, revenues from the Azeri-Chirag-Gunashli (ACG) field to the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to AZN 4.3749 billion. According to Azeri-Press news agency, this represents a decrease of AZN 52.4 mi…

Azerbaijan Implements Phased Social Support Model for IDPs

Baku: Social support mechanisms for internally displaced persons (IDPs) in Azerbaijan are being gradually transitioned to a new model, APA reports. This change is reflected in the amendments to the Law “On the Social Protection of Internally Displaced…

Azerbaijan Implements Phased Social Support Model for IDPs

Baku: Social support mechanisms for internally displaced persons (IDPs) in Azerbaijan are being gradually transitioned to a new model, APA reports. This change is reflected in the amendments to the Law “On the Social Protection of Internally Displaced…

Azeri Light Crude Rises Above $100 on Global Markets

Baku: The price of Azerbaijan’s Azeri Light crude oil (CIF) has seen an increase on the global markets. The price of one barrel of Azeri Light crude rose by $1.83, or 1.85%, to reach $100.56.

According to Azeri-Press news agency, the previous price …