As of July 1 of this year, the assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to $72,596 million (123,414 million manats). This figure is 1.29% lower compared to the beginning of the year.
Fund revenues and expenditures
During the period of January-June 2026, the total revenues of SOFAZ amounted to 8,531.3 million manats. In the mentioned period, the Fund's oil and gas revenues were 4,953.4 million manats. Total revenues from asset management activities amounted to 3,577.9 million manats, while budget expenditures for the reporting period reached 6,449.7 million manats.
Revenues from agreements and fields
SOFAZ's revenues related to the implementation of oil and gas agreements totaled 4,953.4 million manats. Of this, 4,947.6 million manats were generated from the sale of profit oil and gas, 0.9 million manats from bonus payments and transit revenues, and 4.9 million manats from acreage payments.
During the mentioned period, SOFAZ received 4,374.9 million manats from the ACG field and 437.1 million manats from the Shah Deniz field (gas and condensate).