11:45 - 21.07.2025

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July 21, Fineko/abc.az. As of January 1, 2025, investments of the State Oil Fund of Azerbaijan (SOFAZ) in derivative financial instruments amounted to 53,000 manats.

ABC.AZ informs, referring to SOFAZ's financial report, that the figure is 41.5-fold less than the data as of January 1, 2024.

SOFAZ was established by the decree of the President of Azerbaijan, dated December 29, 1999. SOFAZ’s main goal is to effectively manage revenues from the development of oil and gas resources for the benefit of current and future generations.