Baku 6° C
SOFAZ earns $60 million from Shah Deniz this year
Finance
- 04 May, 2020
- 10:02
The State Oil Fund of Azerbaijan (SOFAZ) has received $2.893 billion from the sale of gas and condensate of the Shah Deniz field so far.
Report informs, citing SOFAZ, that of this, $59 million was transferred in January-April 2020.
SOFAZ has been receiving funds from the development of the Shah Deniz field since 2007. The Shah Deniz gas is sold to Azerbaijan, Georgia, and Turkey.
Author
Latest News
11:50
Gold prices rise on international trade uncertainty
Region11:46
Photo
Baku hosts an Advisory meeting with NATO staff
Military11:32
Azerbaijan, Kazakhstan discuss expanding cooperation
Foreign policy11:23
Azerbaijan developing new approach to personal data protection
ICT11:22
Georgia deports 85 foreigners, including Azerbaijanis
Region11:19
Azerbaijan discussing cybersecurity requirements for remote work
ICT11:06
Photo
Leyla Aliyeva attends Iftar in Guba
Religion10:53
Photo
Azerbaijan's Aghali village included in FAO MuNe Network
Foreign policy10:46