SOFAZ earns more than $2B from ACG this year

Gunel Abbasova
Post's author

In January-May 2020, the State Oil Fund of Azerbaijan (SOFAZ) received $2.106 billion from the sale of ACG profit oil and Shah Deniz condensate, Report informs, citing the Fund.

Of this, $120 million came from the sale of Shahdeniz condensate.

FOAZ has been receiving funds from the sale of ACG profit oil since 2001. 

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