State Oil and Gas Fund of Azerbaijan made over $15 bln on oil and gas sales in Jan-November
The income of the State Oil and Gas Fund of Azerbaijan from the sale of the profit oil and gas in Jan-November 2014 made up $15 bln 55 mln, the Fund reported.
According to the State Oil and Gas Fund of Azerbaijan, out of this amount $14 bln 564 mln was the income from the sale of the Azeri profit oil extracted at the Azeri-Chirag-Gyuneshli block, $491 mln – from the sale of profit gas extracted at the Shakh-Deniz deposit.
“In general from 2001 and by December 1st 2014 the income of the State Oil and Gas Fund of Azerbaijan from the sale of profit oil from the ACG block was $109 bln 596 mln, from gas sale from the Shakh-Deniz deposit (from 2007) -$2 bln 88 mln”, the Fund reports.