Revenue of the State Oil Fund of Azerbaijan from oil and gas sale from ACG and Shakh-Deniz exceeded $120.2 bln

The State Oil Fund of Azerbaijan (SOFAZ) has reported of the volume of revenue from the sale of oil extracted at ACG and gas from Shakh-Deniz.

From 2001 until March 1st 2016 the revenue from the sale of oil extracted at ACG made up $117 bln 799 mln; from gas sale extracted at Shakh-Deniz made up $2 bln 457 mln.

In Jan-Feb 2016 SOFAZ made $790 mln from the development of ACG, $14 mln from Shakh-Deniz, in total -$804 mln.

In 2015 the income of SOFAZ from oil and gas sale from ACG and Shakh-Deniz made up $7 bln 233 mln.

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