16:48 - 23.10.2025

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October 23, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) received $410.027 million (697 million manats) in earnings from development of Shah Deniz field for the past 9 months.

ABC.AZ reports with reference to SOFAZ that the indicator is 12.5% more versus Jan-Sept 2024.

Over Jan-Sept 2024, SOFAZ's revenues from development of Shah Deniz field totaled $364.465 million.

Shah Deniz field was discovered in 1999, and the production sharing agreement was signed on June 4, 1996. In 2013, the agreement was extended until 2046.