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SOFAZ announces revenues from oil and gas agreements

Baku, July 23, AZERTAC
In January-June of 2026, the revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from oil and gas agreements decreased by 13.8 percent compared to 2025, totaling 4 billion 953.4 million manats.
According to SOFAZ’s report on revenues and expenditures for January–June of 2026, revenues from the sale of profit oil and gas amounted to 4 billion 947.6 million manats, reflecting a 0.53 percent decrease. Bonus payments and transit revenues reached 0,9 million manats, up 1.4 percent, while acreage account payments remained stable at 4.9 million manats.

Economy 2026-07-23 14:42:00