BAKU, Azerbaijan, Jan.6
By Leman Zeynalova – Trend:
The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Azeri-Chirag-Guneshli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea as of 2021 amounted to $5.968 billion, Trend reports referring to the Fund.
As such, SOFAZ's revenues increased by more than 69.4 percent compared to 2020 ($3.523 billion).
The total revenue from ACG from 2001 to January 1, 2022 amounted to $155.373 billion.
The equity participation in the ACG project is as follows: BP (operator) - 30.37 percent, AzACG (SOCAR) - 25 percent, Chevron - 9.57 percent, INPEX - 9.31 percent, Equinor - 7.27 percent, ExxonMobil – 6.79 percent, TP - 5.73 percent, ITOCHU - 3.65 percent, ONGC Videsh Limited (OVL) - 2.31 percent.
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