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Caspian Energy Journal Caspian European Club
Thursday, 07 June 2018 14:00

SOCAR revenues increase

SOCAR revenues increase

From 2001 until June 1, 2018, Azerbaijan gained $132bln 271 mln from sale of profit oil produced at ACG block of fields located in the Caspian Sea, Caspian Energy News (www.caspianenergy.net ) reports with reference to SOCAR.

Revenues of the fund from sale of profit oil, produced at ACG, totaled $3bln 785mln from January till May 2018. The revenues gained during the same period in 2017 totaled $3bln 106mln.

From 2007 until the first of June 2018, SOFAZ gained $2.506bln from sale of gas extracted from the Caspian Shah Deniz field.

Person in charge of the newsline: Fidan Isayeva

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