Baku 26° C
SOFAZ gained 2.4 bln USD from ACG and 'Shah Deniz' in 2016
Finance
- 15 July, 2016
- 12:18
Baku. 15 July. REPORT.AZ/ In January-June, 2016, the State Oil Fund of Azerbaijan Republic (SOFAZ) has totally received 2.369 bln USD from sale of profit oil on 'Azeri-Chirag-Guneshli' (ACG) fields block and profit oil on 'Shah Deniz' gas-condensate field.
Report was told in the fund, 2,305 bln USD of the amount accounted for sale of ACG profit oil and 64 mln USD for sale of 'Shah Deniz' field profit gas.
In total, from 2001 to July 1, 2016, SOFAZ has received 119.314 bln USD from ACG, while 2.506 bln USD from 'Shah Deniz' field from 2007.
Author
Latest News
23:55
Personal phone numbers of 3 UK cabinet ministers found online
Other countries23:35
Liquid natural gas tank fire forces evacuations in Oklahoma
Other countries23:15
Netanyahu, Kushner agree Hamas should be disarmed before IDF withdraws from Gaza
Other countries22:53
US awards Raytheon $22.9B seven-year deal to boost Tomahawk output
Other countries22:33
Iran threatens to go on offensive in Strait of Hormuz if diplomacy with US fails
Other countries22:15
Death toll from E. Indonesia earthquake rises to 68
Other countries21:55
EU countries receive budgetary easing due to energy supply risks
Energy21:36
Two more Air India pilots fail drug tests after plane incident
Other countries21:16