State Petroleum Fund of Azerbaijan has announced the volume of income from Shakh-Deniz

The State Petroleum Fund of Azerbaijan has announced the volume of income from Shakh-Deniz. As of December 1st 2014, from 2007 the income of the State Petroleum Fund of Azerbaijan in the Azeri sector of the Caspian made up $2,088 mln. The reserves of Shakh-Deniz are assessed at 1.2 trln cubic m of gas. From Jan 1st until December 1st 2014 the State Petroleum Fund received $491 mln in the framework of Shakh-Deniz. The stakes in the project are the following: BP (operator) -28.8%, Statoil – 15.5%, NICO-10%, Total – 10%, Lukoil -10%, TPAO-9%, SOCAR – 16.7%.