Azerbaijan sees increase in revenues from transportation of oil-gas

Azerbaijan sees increase in revenues from transportation of oil-gas
# 10 June 2022 12:46 (UTC +04:00)

Revenues from the transportation of oil and gas through the territory of the Republic of Azerbaijan have been announced, APA reports citing the opinion to the annual report of the Chamber of Accounts "On the implementation of the budget of the State Oil Fund of the Republic of Azerbaijan for 2021."

The report states that the actual rate of oil transportation in the reporting year was lower than the annual forecast, which resulted in a lower performance of transit fees than the forecast. Revenues from the transportation of oil and gas through the territory of the Republic of Azerbaijan in 2021 (transit fee) will amount to 12.6 million. USD or 21.4 mln. manats.

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THE OPERATION IS BEING PERFORMED