SOFAZ earns more than $6B from ACG
Energy
- 07 December, 2023
- 12:17
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.
Latest News
23:57
Mukhtar Babayev calls for practical action on climate-resilient agriculture
Infrastructure23:44
Iran warns it could strike US bases in Middle East
Region23:33
Serbia to dissolve parliament, hold snap election on October 25
Other countries23:02
Peru joins US-led Shield of the Americas alliance
Other countries22:40
Tehran Mammadov wins world student weightlifting title
Individual sports22:28
Carney says Canada-US trade deal remains possible
Other countries22:14
Türkiye backs trade restrictions on Israeli settlements
Region21:59
Azerbaijan signs diaspora agreements with all OTS member states
Diaspora21:35