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SOFAZ earned on "ACG" and "Shah Deniz" 1.5 bln USD

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SOFAZ earned on "ACG" and "Shah Deniz" 1.5 bln USD

In January-April 2016, the State Oil Fund of Azerbaijan Republic (SOFAZ) has received 1.538 billion USD from the sale of profit oil from block of fields "Azeri-Chirag-Guneshli" (ACG) and profitable gas condensate field "Shah Deniz".

It was told in the SOFAZ, 1.493 billion USD obtained from the sale of profitable oil from "ACG", 45 million USD - from sale of profitable gas from the field "Shah Deniz".

Notably, total revenues from the "ACG" amounted to 118.502 billion USD from 2001 to May 1, 2016, from the "Shahdeniz" since 2007 to May 1, 2016 -2.488 billion USD.

Date
2016.05.04 / 13:55
Author
Axar.az
See also

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Azerbaijan’s external public debt decreases

GDP increases in Azerbaijan

Oil prices rise again globally

Central Bank announces updated exchange rates

IMF: Average price of Azerbaijani gas to reach $522

Azerbaijani oil heads to Japan amid Middle East crisis

Crude oil prices increase on world markets

Azerbaijan to send diesel to Armenia tomorrow

Brent crude rises while light oil slips slightly

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