BAKU, Azerbaijan, July 20. The State Oil Fund of Azerbaijan's (SOFAZ) revenues from the sale of Shah Deniz gas and condensate amounted to $633.256 million from January 1 through July 1, 2022, rising by 8.92 times against the same period of 2021 ($70.978 million), Trend reports citing SOFAZ.
Out of the total income, $219.357 million have been received only from the sale of condensate.
The Shah Deniz field is operated by bp with a share of 29.99 percent. Other project partners include TPAO (19.99 percent), SOCAR (14.35 percent), NIOC (10 percent), and SGC (6.67 percent).