BAKU, Azerbaijan, Nov.4
By Leman Zeynalova – Trend:
The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Azeri-Chirag-Guneshli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea from January through October 2021 amounted to $4.612 billion, Trend reports referring to the Fund.
As such, SOFAZ's revenues increased by 50.86 percent compared to the same period in 2020 ($3.057 billion).
The total revenue from ACG from 2001 to November 1, 2021 amounted to $154.017 billion.
Revenues from the sale of gas and condensate from the Shah Deniz field from January through October 2021 are estimated at $461.921 million, including $135.235 million from the sale of condensate. SOFAZ's revenues from the sale of gas and condensate from the Shah Deniz field increased by 67.4 percent compared to the same period in 2020.
The total revenue from the sale of gas and condensate from the Shah Deniz field from 2007 to November 1, 2021 amounted to $4.129 billion.
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