International oil companies’ earnings grew for first 9 months

11:55 - 10.12.2021


December 10, Fineko/abc.az. Over Jan-Sept 2021 the proceeds of international oil & gas companies operating in Azerbaijan amounted to $1.7 bn (AZN 2.72 bn), ABC.AZ reports with reference to the Central Bank.

This indicator grew by 77.8% against Jan-Sept 2020.

Those companies’ income made up 66.7% of Azerbaijan's payments to non-residents.

Thus, in the first 3 quarters of 2021 the payments to non-residents on preliminary income from Azerbaijan totaled $2.4 bn (AZN 4.08 bn). This is by 20% more in annual comparison.