The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has transferred a total of AZN 180 billion 40.9 million to the state budget as of September 30, 2026, APA-Economics reports, citing the State Oil Fund.
Note that AZN 9 billion 628 million was transferred to the state budget as part of the implementation of SOFAZ's budget in January–September 2026.
In addition, SOFAZ's assets amounted to $74.004 billion (AZN 125.807 billion) as of September 30 this year.
Recall that SOFAZ was established on December 29, 1999. The Fund is a special institution that ensures the accumulation, effective management and preservation of oil and gas revenues for future generations. SOFAZ is a separate, extra-budgetary state institution. Transparency is one of the main principles of SOFAZ's activities. During this period, SOFAZ has achieved a high level of institutional development and become an internationally recognized financial institution.
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EXCLUSIVE'>
