The Bukhara oil refinery's current processing capacity is approximately 50,000 barrels a day (bpd).

IMF forecasts 7.7 percent economic growth in 2021 and 5.8 percent in 2022.

IsDB has agreed to provide $200 million, while OPEC will allocate $75 million from its Fund for International Development.

ACG is the largest oil field block in Azerbaijan developed by a BP-led international consortium. The first production sharing agreement for developing the block was signed on September 20, 1994.

Goldman Sachs, J.P. Morgan and BofA Securities are the lead underwriters for the IPO.