Azerbaijan predicts drop in oil and gas revenues and their budget share in 2026
                                
                                Nov 4, 2025 - 10:00
                            
                                                    
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                            Azerbaijan’s oil and gas revenues are projected at 16.4 billion manat ($9.61 billion) in 2026, down 1.87 billion manat ($1.09 billion) from 2025. Their share in the state budget will fall to 42.6 percent. SOFAZ transfers, including asset income, are expected at 14.48 billion manat ($8.46 billion) in 2025.