17:36 - 18.10.2024

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October 18, Fineko/abc.az. The assets of the State Oil Fund (SOFAZ) as of September 30, 2024 increased by 10% from the beginning of 2024 up to $61.697 billion.

ABC.AZ reports with reference to SOFAZ that at the beginning of 2024, SOFAZ's assets amounted to $56.069 billion.

Over Jan-Sept 2024, SOFAZ budget revenues totaled 15.004 billion manats and budget expenditures - 9.634 billion manats.

For Jan-Sept 2024, SOFAZ's revenues from oil and gas agreements reached 9.424 billion manats, including profits from the sale of oil and gas - 8.641 billion manats, bonus payments - 778.2 million manats, transit revenues - 500,000 manats, settlement payments - 3.6 million manats.

The investment income from the management of SOFAZ finances totaled 5.579 billion manats.