“This year, we expect the beginning of production from the ACG deep gas field,” Azerbaijani President Ilham Aliyev stated during his speech at the 12th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the 4th Ministerial Meeting of the Green Energy Advisory Council in Baku on Tuesday.

Boeing said on Tuesday it has secured a firm order from aircraft leasing company Aviation Capital Group (ACG) for 50 units of its 737 MAX jets, the manufacturer’s mainstay aircraft for the global commercial aviation market.

Azerbaijan increased its natural gas production by 2.4% in 2025, reaching 51.5 billion cubic meters, up 1.2 billion cubic meters compared with 2024, the Ministry of Energy reported.

BP, operator of the Azeri-Chirag-Gunashli (ACG) oil field, has announced that December 30 marks 20 years since the first oil was produced from the West Azeri platform, a key milestone in the development of the giant ACG field.

According to operational data for January-June 2024, Azerbaijan produced 13.7 million tons oil (including condensate).

In the first half of 2025, Azerbaijan produced a total of 25.2 billion cubic meters (bcm) of natural gas.

Azeri-Chirag-Gunashli, Shahdeniz, and Absheron provide energy security for many countries, said President Ilham Aliyev as he addressed the 11th Southern Gas Corridor Advisory Council Ministerial Meeting and the 3rd Green Energy Advisory Council Ministerial Meeting.

The Azeri-Chirag-Gunashli (ACG) field generated $6.16 billion in revenues from the start of last year through January 1, 2025.

Last year (from 01.01.2024 to 01.01.2025), the revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ ) from the Azeri-Chirag-Guneshli (ACG) field block amounted to USD 6 158,5 mln, which is 10,7% less in yearly comparison, News.az reports citing SOFAZ.

The Azeri-Chirag-Gunashli field generated $4.603 billion in revenues from January to October 1, 2024, News.Az reports, citing the State Oil Fund of the Republic of Azerbaijan (SOFAZ).