In January-November of this year, the revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Shah Deniz gas and condensate field (sales of gas and condensate) amounted to 416.174 million US dollars, which is a 3.14-fold decrease compared to the previous year, SOFAZ told APA-Economics
The Fund's revenues from the sale of condensate from the Shah Deniz field (as of 01.01.2024 - 01.12.2024) amounted to 115.409 million US dollars, which is a 2.8-fold decrease compared to the corresponding period of 2023.
Recall that last year, SOFAZ's revenues from Shah Deniz amounted to 1,308 million US dollars, which is 9.4% less than the previous year. The Fund's revenues from the sale of condensate from the Shah Deniz field (as of 01.01.2023-01.01.2024) amounted to 324.396 million US dollars, which represents a decrease of 1.3%.