SOFAZ earns more than $6B from ACG 

Energy
  • 07 December, 2023
  • 12:17
SOFAZ earns more than $6B from ACG 

From January through November 2023, the State Oil Fund of Azerbaijan (SOFAZ) earned $6,353.8 million from the Azeri-Chirag-Guneshli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.

According to the information, this is nearly $2,807.2 million, or 30.6%, less than in January–November last year.

In January–November 2022, SOFAZ's revenue from ACG amounted to $9.161 billion.

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