Revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from the Shah Deniz gas-condensate field (from the sale of gas and condensate) amounted to USD 78,5 mln. in January-March 2024, which indicates an 8.2-fold decrease year-on-year, SOFAZ told APA-Economics.
The Fund's income from the sale of condensate on the Shah Deniz field (from 01.01.2024 to 01.04.2024) is USD 15,7 million, which means a decrease of 8.2 times compared to the corresponding period of 2023.
Recall that the revenue earned by SOFAZ from Shah Deniz amounted to 1,308 million US dollars, which is a 9.4% decrease year-on-year. The revenue from the sale of condensate from the Shah Deniz field (from January 1, 2023, to January 1, 2024) amounted to 324.396 million US dollars, which indicates a decrease of 1.3%.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on Facebook
Follow us on Twitter
