SOFAZ unveils income from Shah Deniz field
Energy
- 07 December, 2023
- 12:30
In January-November of this year, the State Oil Fund of Azerbaijan (SOFAZ) received an income of $1.308 billion from the Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, down $49 million, or 3.6%, from the same period in 2022, Report informs, citing the Fund.
During the 11 months of this year, condensate was responsible for $324.396 million of the proceeds received by the State Oil Fund, $4.171 million, or 1.27%, less than a year earlier.
Latest News
00:01
Today marks ten years since Azerbaijani Army's April victory
Domestic policy23:56
FT: US threatens to stop weapons for Ukraine unless Europe joined Hormuz coalition
Other countries23:51
CBS: US military lost 16 MQ-9 Reaper drones in war with Iran
Other countries23:43
Pezeshkian: Iran holds no hostility toward Americans, has not initiated war
Region23:29
Liverpool's Alexander Isak to return to team training on Thursday
Football23:14
Trump, Saudi crown prince mull Iran ceasefire talks
Other countries22:58
Zelenskyy says had 'positive' call with US negotiators about peace process
Other countries22:38
IEA, IMF and World Bank to coordinate response to Middle East war's impact
Other countries22:18