Sat, Jul 2, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials

SOFAZ reveals profits from major energy projects

Posted on 17 November 2016

Azerbaijan’s state oil fund SOFAZ has revealed the volume of profits it received from the major energy projects in January-October 2016. Thus, SOFAZ received $64 million from the sale of profit oil from profitable gas condensate field “Shah Deniz”.
The total revenues from the “Shahdeniz” amounted to$2.506 billion from 2007 to November 1, 2016. Also from 2001 to November 1, 2016, $121.30 billion entered to SOFAZ from Azeri-Chirag-Guneshli (ACG) field. SOFAZ received $4 .21 billion from ACG project, during January-October of this year…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
July 2022
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031