Revenues of SOFAZ from Shah Deniz increased by up to 9 times

Revenues of SOFAZ from Shah Deniz increased by up to 9 times
# 05 September 2022 15:17 (UTC +04:00)

In January-August of this year, revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from Shah Deniz gas-condensate field (from sale of gas and condensate) have made up USD 1 148 million, which is 8.8 times more in annual comparison, SOFAZ told APA-Economics.

Fund's revenues from condensate sale on Shah Deniz field have been USD 328 567 thousand (January 1, 2022 - September 1, 2022), which means an increase of 5.75 times.

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