SOFAZ earns more than USD 953 million from ACG this year

SOFAZ earns more than USD 953 million from ACG this year
  • Clock-gray 17:30
  • calendar-gray 02 April 2021

In January -March of the current year (01.01.2021 – to 01.04.2021), the revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from the Azeri-Chirag-Guneshli (ACG) block of fields amounted to $ 953,498 thousand, and this 42,9% less in annual comparison, SOFAZ told APA-Economics.

In the relevant period of the previous year, the mentioned figure was at the level of USD 1,671 mln.

Note that revenues of SOFAZ from ACG last year (01.01.2020 – to 01.01.2021) amounted to $ 3 522,7 million.

Emil Ismayilov

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