SOFAZ
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In January-March 2024, budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to 5,268.3 million manats ($3 billion 99 million), budget expenditures – 3,205.4 million man...
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The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), as of April 1, 2024, reached $57 billion 373 million, the SOFAZ press service. "In the first quarter of 2024, assets increased b...
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The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the Shah “Deniz” field (BP is the operator of the project) in the Azerbaijani sector of the Caspian Sea amounted to 78.5 million dollars i...
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In the first quarter of 2024, revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli block (ACG) amounted to $1 billion 447.8 million, the...
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In the fiscal year 2024, the State Oil Fund of Azerbaijan (SOFAZ) anticipates a considerable reduction in revenues, notably attributed to the sale of oil and gas under production sharing agreements (P...