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Azerbaijan`s Oil Fund unveils data on profit from ACG field - over $1 bn

01.04.2020,17:55


April 1, Fineko/abc.az. The State Oil Fund of Azerbaijan has published profit on field Azeri-Chirag-Gunashli (ACG) for the first 3 months of 2020.

ABC.AZ reports that according to the Fund, during this period SOFAZ received revenues from ACG in the amount of $1.67 bn.

Revenues from the sale of condensate on Shah Deniz field (as of 1 January 2020 – 1 April 2020) amounted to $100 million.

It should be noted that since 2007 total revenues from gas sales on Shah Deniz field have amounted to $2.834 bn as of 1 April 2020.