Azerbaijan's Oil and Gas Revenues Up 7.2% in 2025

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Azerbaijan's Oil and Gas Revenues Up 7.2% in 2025

In 2025, Azerbaijan's State Budget Revenues From The Oil And Gas Sector Reached 18,828.4 Million Manats ($11.08 Billion), According to Azerbaijan's Ministry of Finance.

This figure exceeds the 2024 level by 1,266.9 million manats ($745.2 million), or 7.2%, The Caspian Post reports, citing local media.

The data show that in the structure of state budget revenues from the oil and gas sector in 2025, 23.1%, or 4,347.4 million manats ($2.56 billion), was generated through tax authorities, while 76.9%, or 14,481 million manats ($8.52 billion), came from transfers from the State Oil Fund of Azerbaijan.

Of the revenues collected through tax authorities, 52%, or 2,260.3 million manats ($1.33 billion), was generated from profit tax under the Shah Deniz project; 41.3%, or 1,795.4 million manats ($1.06 billion), from taxes and other payments by SOCAR; and 6.7%, or 291.7 million manats ($171.6 million), from profit tax under the Azeri-Chirag-Gunashli project.

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Azerbaijan's Oil and Gas Revenues Up 7.2% in 2025

In 2025, Azerbaijan's State Budget Revenues From The Oil And Gas Sector Reached 18,828.4 Million Manats ($11.08 Billion), According to Azerbaijan's Ministry of Finance.