04.09.2015 - Oil fund reveals revenues from ACG, Shah Deniz fields
Azerbaijan's state oil fund SOFAZ has earned $115.092 billion from 2001 to September 1, 2015 by developing the giant Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea. SOFAZ told Azertag State News Agency on September 2 that the fund gained $4.941 billion in January-August, 2015 within the framework of ACG project. The ACG fields have been active since 1997. Its production first started at the Chirag part of the block. It was followed by Azeri Project; Central Azeri in February 2005, West Azeri in December 2005, and East Azeri in October 2006...............................................Full Article: Source
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