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SOFAZ gained 2.4 bln USD from ACG and 'Shah Deniz'

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SOFAZ gained 2.4 bln USD from ACG and 'Shah Deniz'

In January-June, 2016, the State Oil Fund of Azerbaijan Republic (SOFAZ) has totally received 2.369 bln USD from sale of profit oil on 'Azeri-Chirag-Guneshli' (ACG) fields block and profit oil on 'Shah Deniz' gas-condensate field.

It was told in the fund, 2,305 bln USD of the amount accounted for sale of ACG profit oil and 64 mln USD for sale of 'Shah Deniz' field profit gas.

In total, from 2001 to July 1, 2016, SOFAZ has received 119.314 bln USD from ACG, while 2.506 bln USD from 'Shah Deniz' field from 2007.

Date
2016.07.15 / 18:16
Author
Axar.az
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Azerbaijan’s oil exports reach 3.6M tons in two months

Azerbaijan-US remittances rise sharply in 2025

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