Azerbaijan Oil Fund’s revenue from sale of profit oil and gas brought up to $9.7 bn for 2018

12:31 - 9.01.2019

January 9, Fineko/abc.az. Income of the State Oil Fund of Azerbaijan (SOFAZ) from sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG) and gas condensate from field Shah Deniz reached $9.72 bn.

SOFAZ reports that the amount also includes $245 million received from sale of condensate from Shah Deniz field last year.

According to SOFAZ, from 2001 to 2019 the Fund received $138.206 bn from sale of Azerbaijan's profit oil from the ACG block and $2.506 bn from sale of gas from Shah Deniz field from 2007 to 1 January 2019.

 

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