SOFAZ unveils income from Shah Deniz field

Agshin Rafigoglu
Author

In 2023, the State Oil Fund of Azerbaijan (SOFAZ) received an income of $1.308 billion from the Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, down $135 million, or 9.36%, from the same period in 2022, Report informs, citing the Fund.

During the year, condensate was responsible for $324.396 million of the proceeds received by the State Oil Fund, $4.171 million, or 1.27%, less than a year earlier.

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