SOFAZ's income from Shah Deniz field nearly triples

In January-October of this year, the State Oil Fund of Azerbaijan (SOFAZ) received an income of $1.209 billion from the Shah Deniz field located in the Azerbaijani sector of the Caspian Sea, Report informs, citing the Fund.

This is $747,079 million or 2.6 times more than in January-October 2021.

In the 10th month of 2021, SOFAZ's income from the Shah Deniz field amounted to $461,921 million.

During the 10 months of this year, condensate was responsible for $328,567 million of the proceeds received by the State Oil Fund.