SOFAZ posts over 8-fold increase in revenues from Shah Deniz

Agshin Rafigoglu
Author

From January through May of this year, the Azerbaijan State Oil Fund (SOFAZ) received an income of $526.537 million from the Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.

According to the information, this is up $464.361 million, or 8.5 times from January-May 2021.

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