Revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from the “Shahdeniz” gas-condensate field (from the sale of gas and condensate) amounted to USD 1 308 mln. in 2023, which makes it a 9,4% increase in annual comparison, SOFAZ told APA-Economics.

The revenues of the Fund from the “Shahdeniz” gas-condensate field amounted to USD 1 443 mln. in 2022.

The revenues of the Fund from the “Shahdeniz” gas-condensate field (from 01.01.2023 to 01.01.2024), amounted to USD 324,396 mln, which is a decrease of 1,3 %.

Note that, in 2022, SOFAZ gained USD 328,567 mln. from the sale of condensate.

Source: Azeri Press News Agency