Baku 29° C
ACG transfers nearly $2B to SOFAZ this year
Finance
- 04 May, 2020
- 09:53
In January-April 2020, $1.983 billion was transferred to SOFAZ from the sale of profit oil of Azeri-Chirag-Guneshli (ACG) and condensate of Shah Deniz field, Report informs, referring to eth Fund.
Of this, $112 million came from the sale of condensate produced from Shah Deniz.
The ACG has been transferring money to SOFAZ from the sale of profit oil since 2001.
Author
Latest News
14:16
Azerbaijan expresses condolences to Venezuela following powerful earthquakes
Foreign policy14:04
Turkic states plan to simplify cross-border provision of audit services – EXCLUSIVE
Finance13:55
Zelenskyy announces strikes on 2 oil refineries in Russia
Other countries13:54
Photo
Azerbaijan's State Social Protection Fund wins UN award in Tbilisi
Region13:46
Azerbaijan, Russia's Astrakhan region discuss expanding economic ties
Business13:38
Akan Arystan: Digitalization expands audit functions
Business13:32
Iraqi MP: Common history, heritage and folklore unite Turkic peoples
Domestic policy13:31
Ahmet Yasar: Turkish insurers can return to Azerbaijani market
Finance13:26