BAKU, Azerbaijan, Dec.6
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 November 2021 amounted to $5.272 billion, Trend reports referring to the Fund.
As such, SOFAZ's revenues increased by 58 percent compared to the same period in 2020 ($3.336 billion).
The total revenue from ACG from 2001 to December 1, 2021 amounted to $ 154.677 billion.
The equity participation in the ACG project is as follows: BP (operator) - 30.37 percent, AzACG (SOCAR) - 25 percent, Chevron - 9.57 percent, INPEX - 9.31 percent, Equinor - 7.27 percent, ExxonMobil – 6.79 percent, TP - 5.73 percent, ITOCHU - 3.65 percent, ONGC Videsh Limited (OVL) - 2.31 percent.
Follow the author on Twitter: @Lyaman_Zeyn