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.

For Lukashenko, there was nothing contrived about the commemoration -- he told a vast sports arena of supporters that historical memory underpinned the nation.

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.