SOFAZ earned about 124 bln USD from 'ACG' and 'Shah Deniz' projects
Finance
- 15 November, 2016
- 07:08
Baku. 15 November. REPORT.AZ/ The State Oil Fund of Azerbaijan (SOFAZ) announced the amount of profit from Azeri-Chirag-Guneshli (ACG) oil and "Shah Deniz" gas fields so far.
Report was told in the fund, from 2001 to November 1, 2016, 121,03 bln USD entered to SOFAZ from ACG field.
4,021 bln USD of the amount accounted for year 2016.
In addition, SOFAZ received 2,506 bln USD from 'Shah Deniz' field since 2007. 64 bln USD of the amount accounted for 2016.
Thus, the State OIl Fund of Azerbaijan earned 123,536 bln USD from two projects, of which 4,085 bln USD accounted for this year.
Latest News
23:53
Photo
Kazakhstan, Germany discuss investment and industrial cooperation
Region23:32
Israel may resume war with Iran if missile strikes occur, Katz says
Other countries23:05
Two candidates nominated for Armenian parliament deputy speaker posts
Region23:01
Video
Turkic World Week first-day recap video released
Foreign policy22:57
Iraq ships 14M barrels of delayed oil after Hormuz tensions ease
Other countries22:49
Tokayev awards Georgian prime minister Order of Dostyk
Region22:41
Polish Embassy joins Turkic World Week in Baku
Foreign policy22:32
Toghanali-Kalbajar-Istisu highway project 89% complete
Infrastructure22:20