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SOFAZ rakes in over $1.447 billion from ACG in Q1 2024

Baku, April 4, AZERTAC
Since early 2024 until April 1, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reported revenues of $1.447.8 billion from the "Azeri-Chirag-Gunashli" (ACG) field, encompassing both gas and condensate.
According to the SOFAZ, there has been a 29.2 percent decrease in the revenues generated by the "Azeri-Chirag-Gunashli" (ACG) field.
In the corresponding period of last year, the ACG field reported revenues of $2.44 billion.

 

Economy 2024-04-04 14:30:00