17:13 - 6.12.2024

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December 6, Fineko/abc.az. In the period from January to November 2024, the revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields decreased compared with Jan-Nov 2023.

ABC.AZ reports that according to SOFAZ, $5.725 billion was earned from ACG field in 11 months of 2024 (2.39% less versus Jan-Nov 2023 - $5.865 billion.

In the first 11 months of 2024, revenue from the sale of gas and condensate from Shah Deniz field amounted to $416.174 million (64.8% less than revenue for Jan-Nov 2023 - $1.183 million).

Revenue from the sale of condensate from Shah Deniz field in 2024 reached $115.409 million. And in the corresponding period of 2023, this figure reached $259.554 million. This is a decrease of 55.54% per year.