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SOFAZ earns nearly $7B from ACG
Energy
- 08 January, 2024
- 06:35
In 2023, the State Oil Fund of Azerbaijan (SOFAZ) earned $6,899.2 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 $2,989.8 million, or 30.23%, less than in the previous year.
In 2022, SOFAZ's revenue from ACG amounted to $9.889 billion.
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