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 442,085 mln. last year, which indicates a 2,96-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 - 01.01.2025) is USD 132,482 million, which means a decrease of 2,45 times compared to the figure for 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%.
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