Next year's revenues from oil and gas transportation revealed

Revenues from oil and gas transit through Azerbaijan are projected to reach $ 13.7 million or 23.29 million manats next year, said the Chamber of Accounts in the Opinion on a budget of the State Oil Fund of Azerbaijan (SOFAZ) for 2022, Report informs.

"This is 2.93 million manats or 14.4% more than the relevant performance indicator in 2020, and 1.36 million manats or 6.2% more than the forecast and expected performance indicators for 2021," Chamber of Accounts said.

The increase in transit fee revenues in 2022 will be caused by the rise in pipeline tariffs for the next year, considering the inflation factor.