In January-February 2016, incomes of Azerbaijan from Azeri-Chirag-Guneshli block and Shah-Deniz exceeded $800 million

In January-February 2016, the proceeds to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profit oil from the Azeri-Chirag-Guneshli block and gas from the Shah Deniz field amounted to $804 million. This was announced by SOFAZ on March 17, 2016.

The proceeds from the sale of oil, produced at the Azeri-Chirag-Guneshli block made up $790 million, and from the sale of gas from the Shah Deniz field - $14 million.

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