SOFAZ earns more than $1B from Shah Deniz gas sales

Energy
  • 04 November, 2023
  • 09:59
SOFAZ earns more than $1B from Shah Deniz gas sales

In January-October 2023, the State Oil Fund of Azerbaijan (SOFAZ) received $1.183 billion from the Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, down $26 million, or 2.15%, from the same period in 2022, Report informs, citing the Fund.

In the first ten months of 2023, $259.554 million came from selling condensate, which is a decrease of $69.013 million, or 21%, from the same period in 2022.