Assets of Azerbaijan's State Oil Fund amounted to $74 billion

Assets of Azerbaijan's State Oil Fund amounted to $74 billion
Economy 0

The assets of the State Oil Fund of Azerbaijan (SOFAZ) as of October 1, 2026, reached 74 billion 4 million US dollars, which is 0.6% more compared to January 1.

According to the fund, in January-September its budget revenues amounted to 12 billion 341.3 million manats, including revenues from oil and gas - 8 billion 740.6 million manats, revenues from asset management - 3 billion 600.7 million manats. The fund's budget expenditures for this period amounted to 9 billion 681.2 million manats.

Off-budget expenditures related to changes in gold prices and currency exchange rate differences amounted to 1 billion 874 million manats.

Over nine months, SOFAZ received 7 billion 343.9 million manats from the sale of profit oil and gas, 0.9 million manats from bonus payments and transit.

Revenues to the fund from the Azeri-Chirag-Gunashli field amounted to 6 billion 570.6 million manats, from the Shah Deniz field - 565.1 million manats.

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