SOFAZ's revenues from Shah Deniz decreased 6.82-fold

15:11 - 5.03.2024


March 5, Fineko/abc.az. The State Oil Fund of Azerbaijan received revenue of $78.5 million for Jan-Feb 2024 from Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, ABC.AZ reports with reference to SOFAZ.

According to the Fund, this is $456.26 million, or 6.82-fold less than in 2 months of 2023.

Of the finances received by SOFAZ for the reported term, condensate accounted for $15.7 million ($42.37 million, or 3.7-fold less than for Jan-Feb 2023).