According to AZERTAC, citing the Ministry of Finance, the transfer from the Oil Fund to the state budget for the current year has been approved at 14 billion 481 million manats. For 2026, this figure is forecasted at 12 billion 750 million manats (12 percent less than in the current year), for 2027 – 11 billion 900 million manats (6.67 percent less than in the previous year), for 2028 – 11 billion 50 million manats (7.14 percent less than in the previous year), and for 2029 – 10 billion 200 million manats (7.69 percent less than in the previous year).

At the same time, in January–June of this year, the State Oil Fund of Azerbaijan (SOFAZ) received an income of 2 billion 604.31 million US dollars (4 billion 427.3 million manats) from the development of the Azeri–Chirag–Gunashli (ACG) block of fields, located in the Azerbaijani sector of the Caspian Sea, the Fund told Report.

This is 401 million US dollars or 13.3 percent lower compared to the first half of 2024. In 2024, the State Oil Fund of Azerbaijan (SOFAZ) received an income of 6 billion 158.5 million US dollars from the development of the Azeri–Chirag–Gunashli (ACG) block of fields, located in the Azerbaijani sector of the Caspian Sea. This is 741 million less than in the same period of 2023.

It should be noted that ACG is the largest oil field block in Azerbaijan. The first production sharing agreement (PSA) on the development of the block was signed on September 20, 1994. On September 14, 2017, a new agreement on the joint development and production sharing of these fields was signed. This agreement provides for the development of the fields until the end of 2049.

In ACG, the shares are held by BP (30.37%), SOCAR (31.655%), MOL Group (9.57%), INPEX (9.31%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), and ONGC Videsh Limited (OVL) (2.925%).