09.06.2016 - Azerbaijan’s Oil Fund got almost $1.87 bn from sale of profit hydrocarbons for Jan-May
Over Jan-May 2016 the State Oil Fund of Azerbaijan (SOFAZ) received $1.865 million from the sale of profit oil from oilfield block of Azeri-Chirag-Gunashli (ACG) and gas from Shah Deniz field. SOFAZ reports that out of this amount, $1.8 bn accounted for export of profit oil from ACG and $64 million for sale of profit gas from Shah-Deniz. "According to estimates, SOFAZ received totally $118.869 bn from the sale of profit oil of Azerbaijan from ACG from 2001 to 1 June 2016 and about $2.506 bn from export of gas from Shah Deniz field from 2007 and before 1 June 2016," the Fund said...............................................Full Article: Source
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