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Azerbaijan’s revenues from Shahdeniz decreased

06 October 2023 16:01 (UTC +04:00)

In January-September of 2023, the revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from the "Shahdeniz" gas-condensate field (from the sale of gas and condensate) amounted to USD 1 183 mln., which makes it a 2,15% decrease in annual comparison, SOFAZ told APA-Economics.

The revenues of the Fund from the "Shahdeniz" gas-condensate field amounted to USD 1 209 mln. in the corresponding period of the previous year.

The revenues of the Fund from the "Shahdeniz" gas-condensate field (from 01.01.2023-01.10.2023), amounted to USD 259,554 mln, which is a decrease of 21%. In January-September of 2022, the revenues of Fund from the sale of condensate amounted to USD 328,567 mln.