“Contract of the Century”

U.S. Secretary of State Antony Blinken has sent a congratulate letter to President of Azerbaijan Ilham Aliyev on the 30th anniversary of the Contract of the Century.

On September 20, the 30th anniversary of the "Contract of the Century" was commemorated in Baku. This was Azerbaijan's first international oil agreement with foreign investors, which ushered in a new...

In the "Contract of the Century," 13 companies from 8 countries (Azerbaijan, the USA, the United Kingdom, Russia, Turkey, Norway, Japan, and Saudi Arabia) participated. The companies involved were Amo...

30 years ago, on September 20, 1994, Azerbaijan signed a Production Sharing Agreement (PSA) with foreign companies for the development of the “Azeri-Chirag-Guneshli” (ACG) oil fields located in the Ca...