SOFAZ posts over 3% growth in revenue from Shah Deniz
Energy
- 06 September, 2023
- 12:12
In January-August 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, up $35 million, or 3.05%, from the same period in 2022, Report informs, citing the Fund.
In the first eight 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.
Latest News
17:51
Ilham Aliyev awards civil servants
Domestic policy17:39
Kostanyan: Armenia hopes to open borders with Türkiye, Azerbaijan by 2030
Region17:34
Kazakhstan, Afghanistan sign $235M worth of agreements
Other countries17:27
Photo
Submarine cable for Trans-Caspian fiber-optic project delivered to Baku
Infrastructure17:11
Deputy minister: TITR not just corridor, but strategic development direction for Kazakhstan
Infrastructure16:54
Azerbaijan, African Union planning joint summit
Foreign policy16:51
Iranian FM holds consultations in Pakistan
Region16:47
Türkiye, Armenia mull restoration of Ani Bridge
Region16:33