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SOFAZ earns $60 million from Shah Deniz this year
Finance
- 04 May, 2020
- 10:02
The State Oil Fund of Azerbaijan (SOFAZ) has received $2.893 billion from the sale of gas and condensate of the Shah Deniz field so far.
Report informs, citing SOFAZ, that of this, $59 million was transferred in January-April 2020.
SOFAZ has been receiving funds from the development of the Shah Deniz field since 2007. The Shah Deniz gas is sold to Azerbaijan, Georgia, and Turkey.
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