SOFAZ discloses earnings from ACG in first two months of 2024
Energy
- 05 March, 2024
- 10:18
In January-February of this year, the State Oil Fund of Azerbaijan (SOFAZ) received an income of $862 million from the Azeri-Chirag-Gunashli (ACG) block of fields, located in the Azerbaijani sector of the Caspian Sea, Report informs, citing SOFAZ.
This is $462 million, or 34.9%, less than the same period in 2023.
Latest News
19:00
Serbia, Montenegro exchange claims over 'hybrid war'
Other countries18:53
Azerbaijani junior boxers win 13 medals at Nations Cup
Individual sports18:38
Azerbaijani banks earned 70 gapiks per $100 in sales and purchases in 2025
Finance18:33
Mstyslav Banik: Fundamental changes to occur in Ukraine's military mobilization system
Other countries18:20
Macron: Iran's enriched uranium should be 'neutralized'
Other countries18:11
Germany expects Azerbaijani President to visit Berlin this year
Foreign policy18:09
Lithuanian Embassy in Azerbaijan to suspend consular services for 3 weeks
Foreign policy17:50
Horlemann: German companies contracted about 2BCM of gas annually from SOCAR
Foreign policy17:42