SOFAZ gains $79.5 million of profit from development project of Shah Deniz field

Baku, April 13, AZERTAC Azerbaijan's State Oil Fund (SOFAZ) gained $2.199 billion of profit from 2007 to April 1, 2015 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 $79.5 million as part of the Shah Deniz project from January 1 to April 1, 2015.