SOFAZ's income from Shah Deniz field up 80%

Agshin Rafigoglu
Author

In January-March of this year, the State Oil Fund of Azerbaijan (SOFAZ) received an income of $646.359 million from the Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.

This is $287.234 million or 80% more than in January-March 2022.

During the 3 months of this year, condensate was responsible for $128.166 million (+65.672 million dollars or 2.05 times) of the proceeds received by the State Oil Fund.

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