Azerbaijani Fund receives more than $ 10 billion in 7 months
The State Oil Fund of the Republic of Azerbaijan (Sofaz) has announced its revenues for Azeri-Chirag-Gunashli and Shah Deniz as of November 01, 2023.
Marja.az in 2023, during the 10 months (January-October), the Fund received a total of us $ 5 billion 865.8 million from the ACG field and US $ 1 billion 183 million from the Shah Deniz field (gas and condensate), US $ 7 billion 48.8 million.
In particular, revenues from the sale of condensate on the Shah Deniz field amounted to 259 million 554 thousand US dollars.
For comparison, in 2022, in 10 months, Sofaz received US $ 8 billion 326 million from the ACG field and US $ 1 billion 209 million from the Shah Deniz field, for a total of US $ 9 billion 535 million.