Bank Of Baku

Revenues of SOFAZ from ACG increased more than twice

Revenues of SOFAZ from ACG increased more than twice
# 04 March 2022 10:33 (UTC +04:00)

In January-February of this year, (01.01.2022 - 01.03.2022) the revenues of the State Oil Fund of the Republic of Azerbaijan from the Azeri-Chirag-Gunashli field block made up USD 1 307 mln which is 2.3 times more in annual comparison, SOFAZ told APA-Economics.

The mentioned indicator was USD 574 543 thousand in the relevant period of the previous year.

According to the information, total revenues of the Fund from ACG (since 2001) made up USD 156 680 mln. (as of 01.03.2022).

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