The State Oil Fund of the Republic of Azerbaijan (SOFAZ) received approximately $4.6 billion in net revenues from the sale of hydrocarbons belonging to the state as of October 15, 2026, SOFAZ told APA-Economics in response to an inquiry.
According to the Fund, net revenues of $5.03 billion (AZN 8.55 billion) from the sale of hydrocarbons belonging to the state are projected for 2026.
The annual plan for this indicator has been fulfilled by 91%. According to calculations, this amounts to approximately $4.6 billion, or AZN 7.8 billion.
SOFAZ noted that net revenues from the sale of hydrocarbons corresponding to the state’s profit share are formed on the basis of actual sales prices, after deducting the relevant sales expenses.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
