BAKU, Azerbaijan, November 5. The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Azeri–Chirag–Gunashli (ACG) field in the Azerbaijani sector of the Caspian Sea as of November 1, 2022 totaled $8.326 billion, Trend reports via the Fund.
According to the source, the revenue of the Fund from the ACG increased by 80.5 percent, or $3.714 billion, compared to the same period in 2021 ($4.612 billion).
ACG participating interests are as follows: bp (30.37 percent), SOCAR (25 percent), MOL (9.57 percent), INPEX (9.31 percent), Equinor (7.27 percent), ExxonMobil (6.79 percent), TPAO (5.73 percent), ITOCHU (3.65 percent), and ONGC Videsh Limited (2.31 percent).
BP Exploration (Caspian Sea) Limited is the operator of the ACG Production Sharing Agreement (PSA).
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