In 9 months, SOFAZ earned about AZN 6 billion from its funds management

In January-September 2024, budget revenues of the State Oil Fund (SOFAZ) totalled AZN 15,004 million and budget expenditures AZN 9,634.5 million. This is reported by the Fund. According to the data, this is up by 0.85% and 2.7 times from the same period of 2023, respectively. At that, 62.8% of SOFAZ's revenues for 9 months, or AZN 9,424.1 million, came from the implementation of oil and gas agreements. This is down by 22.9% from ye...

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