SOFAZ posts over 8-fold increase in revenues from Shah Deniz
Energy
- 03 June, 2022
- 15:10
From January through May of this year, the Azerbaijan State Oil Fund (SOFAZ) received an income of $526.537 million from the Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.
According to the information, this is up $464.361 million, or 8.5 times from January-May 2021.
Latest News
23:59
Photo
Azerbaijan's team advance to European minifootball final in Slovakia
Football23:54
Photo
Türkiye, Turkmenistan to expand cooperation to reach $5 billion trade target
Region23:26
Kyrgyzstan elected UN Security Council member for first time
Other countries23:13
Azerbaijan advancing preparations to implement Kigali Amendment
Foreign policy22:42
Rubio: Trump to attend NATO summit in Ankara
Other countries22:37
Rubio: TRIPP to create significant opportunities for Azerbaijan, Armenia
Foreign policy22:31
Shoygu: Armenia's EU integration means severing ties with Russia
Region22:25
Russian shelling kills at least three in Ukraine's Kramatorsk
Other countries22:13
Photo