Azerbaijan gained 1,177 billion USD from ACG and 'Shahdeniz' projects in 2016

Baku. 8 April. REPORT.AZ/ During first quarter of this year, the State Oil Fund of Azerbaijan (SOFAZ) has totally gained 1,177 billion USD from sale of profit oil on 'Azeri-Chirag-Guneshli' (ACG) fields block and sale of profit gas on 'Shahdeniz' gas-condensate field.

Report was told at the fund, 1,137 billion US-dollars of this amount gained from sale of ACG profit oil and 40 million US-dollars of profit gas of 'Shahdeniz' field.

Notably, from 2001 till April 1, 2016, the SOFAZ has gained 118,146 billion USD from ACG and 2,483 billion USD from 'Shahdeniz' since 2007.