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
21:04
Thomas Preinl says Baku has strong tourism potential
Foreign policy20:44
Mirzoyan: Armenia aims to establish mutually beneficial cooperation with Azerbaijan
Region20:35
Hakan Fidan discusses regional tensions with counterparts from China and three other countries
Foreign policy20:19
Harry Mitsidis: Scale of reconstruction work in Karabakh is astonishing
Foreign policy20:01
Prime Ministers of Kazakhstan and Russia discuss Caspian Sea protection
Ecology19:50
Ukrainian MP: Country must be ready for all scenarios
Other countries19:42
Azerbaijan increases tea exports and reduces imports
Business19:31
Conor McGregor confirms return
Individual sports19:24