SOFAZ earns more than $5B from ACG

Agshin Rafigoglu
Author

From January through September 2023, the State Oil Fund of Azerbaijan (SOFAZ) earned $5.234 billion from the Azeri-Chirag-Guneshli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.

According to the information, this is nearly $2.294 billion, or 30.5%, less than in January-September last year.

In January-September 2022, SOFAZ's revenue from ACG amounted to $7.528 billion.

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