16:25 - 9.09.2021

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September 9, Fineko/abc.az. According to Finance Ministry’s forecast of Finance, in the baseline scenario (oil price of $45 a barrel) the volume of assets of the State Oil Fund of Azerbaijan (SOFAZ) will amount to $41.1 bn next year.

ABC.AZ reports that in case of more pessimistic scenarios, SOFAZ's assets may fall to $38 bn next year.

So, if the oil price is $35, Fund's assets may lower to $39.5 bn next year, and if the price decreases to $25, the assets will fall to $37.9 bn.

The level of SOFAZ’s assets in 2022-25 according to various scenarios:

Scenarios	2022	2023	2024	2025
Oil Price $45	$41.1 bn	$40.3 bn	$39.7 bn	$39.2 bn
Oil Price $35	$39.5 bn	$37.1 bn	$34.8 bn	$32.7 bn
Oil Price $25	$37.9 bn	$33.8 bn	$29.9 bn	$26.1 bn