Bank Of Baku

State Oil Fund’s assets increased by 10.8% in first half of 2025

State Oil Fund’s assets increased by 10.8% in first half of 2025
# 23 July 2025 13:37 (UTC +04:00)

As of June 30, 2025, the assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to $66.5 billion, representing a 10.8% increase compared to the beginning of the year ($60.03 billion), APA-Economics reports, citing the Fund.

Revenues from the implementation of oil and gas agreements during the January–June period of 2025 totaled 5.74 billion manats.

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