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Oil Fund unveils data about its income for 1st half of 2021

28.07.2021,12:10


July 28, Fineko/abc.az. The Azerbaijan State Oil Fund (SOFAZ) has published revenues on fields Azeri-Chirag-Guneshli (ACG) and Shah Deniz located in the Azerbaijani sector of the Caspian Sea.

ABC.AZ was informed at SOFAZ that for Jan-Jun 2021 income of $2.354 bn was received from the ACG field.

Since 2001, when the ACG field began its activity, the total income from the field amounted to $151.759 bn.

In particular, the revenue from the sale of gas and condensate on Shah Deniz field over Jan-Jun 2021 amounted to $70.978 million.

In particular, for the reporting period the income from the sale of condensate on Shah Deniz field reached $57.13 million. Since 2007, when Shah Deniz field began its activity, the total revenue from the sale of gas and condensate on the field amounted to $3.738 bn.