Azerbaijan to receive profit of over $20 bn from Shah Deniz field

12:19 - 20.12.2022


December 20, Fineko/abc.az. Azerbaijan is expected to receive profit of $20.3 bn from Shah Deniz gas condensate field in 2015-2033, ABC.AZ reports with reference to the Asian Development Bank (ADB).

"Shah Deniz is one of the world’s largest gas fields. The volume of production on it is 26 bn cu m (annual production), its expansion will greatly benefit the economy of Azerbaijan. It is expected that in 2015-2033 the profit will amount to $20.3 bn," the ADB report says.