12:49 - 5.07.2023

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July 5, Fineko/abc.az. In the 1st half of 2023, the revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the sale of Azerbaijan’s profit oil from Azeri-Chirag-Guneshli block amounted to $3.328 bn (31.3% less versus Jan-Jun 2022), ABC.AZ reports with reference to SOFAZ.

SOFAZ revenues from the sale of profitable oil and gas from ACG and Shah Deniz field in the 1st half of 2023 reached $4.35 bn (21% less against 1st half of 2022).

SOFAZ's revenues from the sale of profitable gas and condensate extracted from Shah Deniz field totaled $1.2 bn (58.2% more than in 2022). At that, revenues from the sale of condensate amounted to $210.85 million and gas - $791.149 million. Compared with Jan-Jun 2022, revenues from the sale of condensate decreased by 3.9% and gas – increased 1.9-fold.