SOFAZ increases revenues from Shah Deniz by 42 times 

In January 2022, the revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Shah Deniz gas and condensate sale amounted to $149.899 million, up $146.361 million or 42.36-fold from the previous year, Report informs, citing the Fund.

In the reporting period, the revenue from the condensate sale stood at $22.172 million, $18.634 million or 6.2-fold more than a year earlier.

The revenues from the gas and condensate sale since 2007 (launch of the field) have made up $4,701,000,000.