Revenues from Azerbaijan's hydrocarbon exports, once the cornerstone of the country's economic strategy, have significantly decreased in the first 11 months of 2024, according to data published by the State Oil Fund of Azerbaijan (SOFAZ). This decline reflects a broader trend shaped by fluctuations in global energy prices and changing market dynamics. Export revenues from the Azeri-Chirag-Guneshli (ACG) oil fields between January and N...

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