Oil Fund’s revenues on two fields made public

17:36 - 7.06.2024


June 7, Fineko/abc.az. The revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) on Azeri-Chirag-Guneshli (ACG) and Shah Deniz for the first five months of 2024 have been published.

ABC.AZ reports that SOFAZ revenues from ACG field amounted to $2.617 bn.

ACG revenues are 13% lower than year-on-year. ACG's revenue for Jan-May 2023 totaled $3.13 bn.

Revenues from gas and condensate from Shah Deniz field reached $244.07 million (74% less than a year earlier).

Revenue from the sale of condensate at Shah Deniz field amounted to $60.84 million.