SOFAZ announces revenues received from ACG 

Energy
  • 04 November, 2023
  • 09:57
SOFAZ announces revenues received from ACG 

From January through October 2023, the State Oil Fund of Azerbaijan (SOFAZ) earned $5,865.8 million from the Azeri-Chirag-Guneshli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.

According to the information, this is nearly $2,460.2 million, or 29.5%, less than in January–October last year.

In January–October 2022, SOFAZ's revenue from ACG amounted to $8.326 billion.