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First bonus on ACG project paid to SOFAZ


On January 29, first bonus of $450 million on agreement on the joint development and production sharing (PSA) for the Azeri, Chirag fields and the Deep Water Portion of the Gunashli Field (ACG) in the Azerbaijan Sector of the Caspian Sea was paid to SOFAZ.

 

SOFAZ told APA-Economics that as part of the contract, the international co-venturers will pay a bonus of $3.6bn to the SOFAZ.

 

 

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