25.01.2016 - SOFAZ discloses revenues from largest gas project
The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the project for developing the Shah Deniz gas and condensate field in the Azerbaijani sector of the Caspian Sea totaled $2.44 billion from 2007 to Jan.1, 2016, SOFAZ told Trend Jan.19. SOFAZ said its revenues from the Shah Deniz project reached $323 million in 2015. The contract for developing the Shah Deniz offshore field was signed on June 4, 1996. The field’s reserve is estimated at 1.2 trillion cubic meters of gas...............................................Full Article: Source
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