Azerbaijan’s State Oil Fund reveals volume of revenues from ACG field in Q1 2024
- 04 Apr 2024 11:34
- 22 Jan 2026 03:37
- 194783
- Economics
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Since early 2024 until April 1, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reported revenues of $1.447.8 billion from the "Azeri-Chirag-Gunashli" (ACG) field, encompassing both gas and condensate, News.Az reports.
According to the SOFAZ, there has been a 29.2 percent decrease in the revenues generated by the "Azeri-Chirag-Gunashli" (ACG) field.
In the corresponding period of last year, the ACG field reported revenues of $2.44 billion.