17:44 - 22.04.2026

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April 22, Fineko/abc.az. In the 1st quarter of 2026, State Budget revenues from the oil & gas sector amounted to 4.064 billion manats (12.4 million manats, or 0.3% higher than forecast).

ABC.AZ reports, referring to the Ministry of Finance of Azerbaijan, that in the structure of oil & gas revenues, 21% (854.9 million manats) accounted for tax revenues and 79% (3.21 million manats) for transfers from the State Oil Fund of Azerbaijan to the State Budget.

At the same time, oil & gas revenues received from tax authorities include 417.4 million manats of taxes and other payments of SOCAR, 319.5 million manats of profit tax from Shah Deniz field, as well as 118 million manats of profit tax from Azeri-Chirag–Guneshli field.