Baku 19° C
SOFAZ earns nearly $5B from ACG
Energy
- 06 September, 2023
- 11:42
Add Report.az to preferred Google sources
Stay up to date with the top news!
From January through August this year, the State Oil Fund of Azerbaijan (SOFAZ) earned $4.728 billion from the Azeri-Chirag-Guneshli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.
According to the information, this is nearly $1.901 billion, or 28.7 times, less than in January-August last year.
In January-August 2022, SOFAZ's revenue from ACG amounted to $6.629 billion.
Author
Latest News
11:58
Four Philippine Air Force pilots killed in training flight crash
Other countries
11:43
Photo
Uzbekistan presents Central Asia heritage projects at UN
Region
11:29
Venezuela records highest oil output in recent years
Other countries
11:14
Fly Central Asia: Baku becoming key aviation hub for Central Asia
Infrastructure
11:03
North Korea's Kim Jong Un arrives in China's Dandong
Other countries
10:50
Azerbaijan's Foreign Ministry congratulates Zambia on National Day
Foreign policy
10:37
Azeri Light crude approaches $127 per barrel
Energy
10:25
Photo
Azerbaijan's veteran judokas win two more medals at European Championships
Sports
10:15
MFA: Azerbaijan reaffirms its commitment to international peace, security
Foreign policy