SOFAZ gains $2.5 million of profit from development project of Shah Deniz field

Baku, July 15, AZERTAC

Azerbaijan’s State Oil Fund (SOFAZ) gained $2,506 billion of profit from 2007 to July 1, 2016 by implementing the development project of the giant Shah Deniz gas condensate field in the Caspian Sea.

According to the Department of Public Relations of SOFAZ, it earned some $64 million as part of the Shah Deniz project in January-June.

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