Baku 28° C
SOFAZ reveals earnings from ACG field in January-June
Energy
- 04 July, 2024
- 11:00
In the first six months of 2024, the State Oil Fund of Azerbaijan (SOFAZ) received an income of roughly $3.01 billion from the Azeri-Chirag-Gunashli (ACG) block of fields, located in the Azerbaijani sector of the Caspian Sea, Report informs, citing SOFAZ.
This is $342.7 million, or 10.24%, less year-on-year.
ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), and ONGCVidesh (2.31%).
Author
Latest News
22:48
Al Jazeera сameraman killed in Israeli strike on Gaza
Other countries22:42
Pakistan's leadership may visit Switzerland for talks
Other countries22:19
MFA: We express our solidarity with refugees and forcibly displaced persons
Foreign policy22:08
Four killed, dozens injured in minibus crash in Türkiye
Region21:47
AP: Iran considers renewed US military campaign unlikely
Other countries21:27
German police report feeling powerless over migration policy
Other countries21:10
Photo
Türkiye and Romania seek to strengthen bilateral relations
Region20:57
Four killed, six injured in Russian attack on Zaporizhzhia
Other countries20:43