BAKU, Azerbaijan, December 5. The incomes of the State Oil Fund of Azerbaijan (SOFAZ) from sales of gas and condensate produced at the Shah Deniz field in the Azerbaijani sector of the Caspian Sea increased from January through November 2022, Trend reports on December 5 via the fund.
According to SOFAZ, this figure totaled $1.35 billion, up by almost two times compared to the first 11 months of 2021 ($730.7 million).
Incomes from the sale of condensate extracted from the Shah Deniz field, as of early December 2022, amounted to $328.5 million, which is 18.1 percent more compared to the same period of last year ($278.17 million).
Shah Deniz participating interests are: bp (operator – 29.99 percent), LUKOIL (19.99 percent), TPAO (19 percent), SOCAR (14.35 percent), NICO (10 percent) and SGC (6.67 percent).
