SOFAZ's revenues from Shah Deniz exceed $1.3 billion in 2023

The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Shah Deniz gas condensate field (sale of gas and condensate) in January-November 2023 amounted to $1,308 million, which is 3.61 per cent less year-on-year.

In the same period last year this figure amounted to 1,357 million US dollars, SOFAZ told APA.

The fund's income from the sale of condensate from the Shah Deniz field (01/01/2023-12/01/2023) amounted to 324.396 million US dollars, which means a decrease of 1.3 per cent.

SOFAZ's revenues from the sale of condensate for January-November 2022 amounted to 328.567 million US dollars.