As of December 1, 2014, since 2007 incomes of the State Oil Fund of Azerbaijan (SOFAZ) from implementation of the Shah Deniz gas condensate field in the Azerbaijani sector of the Caspian Sea totaled $2,088,000,0000, reported SOFAZ.
A source from SOFAZ said that from January to November 2014 SOFAZ received $491 million from the Shah Deniz project.
Resources of the Shah Deniz field are estimated at 1.2 trillion cub.m. of gas. The contract for its development was signed on June 4, 1996.
SOFAZ was created in 1999 and by present its assets totaled $271 million.
By October 1, 2014, assets of SOFAZ totaled $37,305,300,000.
