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SOFAZ's revenues from two fields totaled $4.295 bn over Jan-Sept

25.10.2021,16:30


October 25, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) has published the data on revenues from fields Azeri-Chirag-Guneshli (ACG) and Shah Deniz by 1 October 2021.

ABC.AZ was informed at SOFAZ that for Jan-Sept 2021 Fund's income the sale of profit oil from Azeri-Chirag-Guneshli block and from gas & condensate field Shah Deniz amounted to $4.295 bn. The revenue from the ACG field reached $3.97 bn and from Shah Deniz $329.13 million.

In particular, the revenue from the sale of condensate at Shah Deniz field amounted to $109.89 million.

According to the Fund, SOFAZ’s total revenue from the sale of profitable Azerbaijani oil from the ACG block for the period from 2001 to 1 October 2021 amounted to $153.37 bn, from the sale of profit gas and condensate from Shah Deniz field for the period from 2007 to 1 October 2021 - $3.996 bn.