ACG transfers nearly $2B to SOFAZ this year

Gunel Abbasova
Author

In January-April 2020, $1.983 billion was transferred to SOFAZ from the sale of profit oil of Azeri-Chirag-Guneshli (ACG) and condensate of Shah Deniz field, Report informs, referring to eth Fund.

Of this, $112 million came from the sale of condensate produced from Shah Deniz.

The ACG has been transferring money to SOFAZ from the sale of profit oil since 2001. 

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