15:53 - 23.07.2026

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July 23, Fineko/abc.az. The assets of the State Oil Fund of Azerbaijan as of July 1, 2026 amounted to $72.596 bn (1.3% less compared to January 1).

SOFAZ reports that for Jan-Jun 2026, Oil Fund's budget revenues reached 8.53 bn manats, including oil & gas revenues of 4.953 bn manats and asset management revenues of 3.577 bn manats. Fund's budget expenditures totaled 6.447 bn manats. Organization's non-budgetary expenditures related to changes in the price of gold and currency exchange rates amounted to 3.688 bn manats.

Over the first 6 months of 2026, SOFAZ received 4.947 bn manats from the sale of profitable oil and gas, 900,000 manats from bonus payments and transit, and 4.9 million manats from royalties. The Fund received 4.374 bn manats from Azeri-Chirag-Gunashli field and 437.1 million manats from Shah Deniz field.

For Jan-Jun 2026, SOFAZ transferred 6.42 million manats to the State Budget, allocated 2.1 million manats to finance the State Program for Increasing the International Competitiveness of the Higher Education System for 2019-2023, 12.3 million manats to finance the State Program for Training Young People in Prestigious Higher Education Institutions in Foreign Countries for 2022-2028, and spent 15.4 million manats on management.