SOFAZ’s revenues from Shahdeniz increased by 42 times

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In January of this year, revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from Shah Deniz gas-condensate field (sale of gas and condensate) made up USD 149 899 thousand, which is 42,4 times more in annual comparison, SOFAZ told APA-Economics.

The Fund’s revenues from Shah-Deniz on condensate sale was USD 22 172 thousand (as of (01.01.2022-01.02.2022 ), which means a 6,3 times increase.