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SOFAZ’s AGC revenues up by over 1%
Energy
- 03 March, 2023
- 07:37
In January-February 2023, the State Oil Fund of Azerbaijan (SOFAZ) received $1.324 billion in revenues from the Azeri-Chirag-Gunashli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea, up $17 million or 1.3% from the previous year, Report informs, citing the Fund.
This figure was $1.307 billion in January-February 2022.
The ACG shareholders are BP (30.37%), SOCAR (25%), MOL Group (9.57%), INPEX (9.31%), Equinor ”(7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), and ONGC Videsh Limited (OVL) (2.31%).
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