14:42 - 17.07.2024

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July 17, Fineko/abc.az. As of July 1, 2024, the assets of the State Oil Fund of Azerbaijan (SOFAZ) increased by 3.4% compared with the beginning of the year and exceeded $58 billion.

ABC.AZ reports with reference to SOFAZ that for Jan-Jun 2024, Fund's budget revenues totaled 9.25 billion manats and expenditures - 6.414 billion manats.

SOFAZ revenues from oil & gas contracts amounted to 6.436 billion manats.

The Fund earned 2.818 billion manats from management of finances.