SOFAZ reveals earnings from Shah Deniz field in Q1

In January-March 2024, the revenue of the State Oil Fund of Azerbaijan (SOFAZ) from Shah Deniz gas and condensate sales amounted to $78.5 million, $567.86 million, or 8.2 times, less than the same period in 2023, Report informs, citing the Fund.

The revenue from the Shah Deniz condensate sale made up $15.7 million, $112.47 million, or 8.16 times, less than the previous year.