04.12.2015 - SOFAZ reveals revenues from ACG, Shah Deniz projects
Azerbaijan's state oil fund SOFAZ has earned $116.41 billion from 2001 to December 1, 2015 through the development of the giant Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea. SOFAZ told Trend on December 2 that the Fund gained $6.26 billion in January-November, 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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