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Caspian Energy Journal Caspian European Club
Monday, 29 April 2019 12:30

SOFAZ announces revenues from oil-gas fields

SOFAZ announces revenues from oil-gas fields

From early 2001 and until April 1, 2019, the State Oil Fund of Azerbaijan (SOFAZ) received $140.45 billion as part of the project on development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields, Caspian Energy News (www.caspianenergy.net) reports with reference to the press service of SOFAZ.

From January 1 until April 1, 2019, the Fund received $2.24 billion within the framework of ACG project.

 Revenues gained from sale of gas condensate, produced at Shah Deniz field, amounted to $ 91 million in the first quarter of this year. SOFAZ revenues from sale of gas produced at this field totaled almost $2.51billion from 2007 till April 1, 2019.

 

Person in charge of the newsline: Fidan Isayeva

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