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Azerbaijani State Oil Fund reveals volume of revenues from ACG project

2015-07-12 18:40:37| Oil & Gas - Topix.net

The State Oil Fund of Azerbaijan received some $114 billion from the implementation of the project for development of Azeri-Chirag-Guneshli block of oil and gas fields in the Azerbaijani sector of the Caspian Sea from early 2001 to July 1, 2015, SOFAZ told Trend July 9. SOFAZ said it received $3.721 billion in H1 of 2015, including $650 million in June within the ACG project. The contract for development of ACG field was signed in 1994.

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