For Jan-Oct Sofaz income from profit oil and gas sale brought up to $8.3 bn


November 7, Fineko/abc.az. The income of the State Oil Fund of Azerbaijan (Sofaz) from the sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG) and condensate from gas condensate field Shah Deniz for Jan-Oct 2018 reached $8.296 bn.

SOFAZ reports they received $181 million from sale of condensate from Shah Deniz field for the reporting period.

According to Sofaz, the Fund received $136.78 bn from sale of Azerbaijan's profit oil from ACG block from 2001 to 1 November 2018 and $2.506 million from sale of gas from Shah Deniz field from 2007 to 1 September 2018.