Bank Of Baku

SOFAZ’s revenues from Shah Deniz sharply increased

SOFAZ’s revenues from Shah Deniz sharply increased
# 04 March 2022 10:42 (UTC +04:00)

In January-February of this year, revenues of the State Oil Fund of the Republic of Azerbaijan from Shah Deniz gas condensate field made up USD 227 557 thousand which is 64.3 times more in annual comparison, SOFAZ told APA-Economics.

The Fund’s revenues from Shah Deniz on condensate sale (01.01.2022-01.03.2022) was USD 22 172 thousand, which means an increase by 6.3 times.

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