SOFAZ revenues from Shah Deniz increased

16:46 - 6.09.2023


September 6, Fineko/abc.az. The revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from gas condensate field Shah Deniz (sale of gas and condensate) amounted to $1.183 billion for Jan-Aug 2023.

ABC.AZ reports with reference to SOFAZ that this is an increase of 3.05% in annual comparison.

This figure reached $1.148 billion for the same period in 2022.

Fund's revenues from the sale of condensate from Shah Deniz field totaled $259.554 million, that is, decreased by 21%. SOFAZ's revenues from the sale of condensate for Jan-Aug 2022 amounted to $328.567 million.