SOFAZ gains $2.5 billion revenue from ACG

In January-July this year, the State Oil Fund of Azerbaijan (SOFAZ) received $ 2.485 billion from the profit oil deal of the Azeri-Chirag-Guneshli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea.

During this period, SOFAZ earned $ 215.5 million from the sale of gas and condensate from the Shah Deniz field.

Of this amount, $ 149 million fell into the share of condensate.