Sun, Aug 2, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

SOFAZ loses $570 mln in changing of exchange rates

Posted on 16 April 2013

Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-March, 2013 reached 3 523.4 million manats, while budget expenditures constituted 2 929.6 million manats.
Revenue of 3 413.0 mln. manats was received from implementation of oil and gas agreements, including 3 410.7 mln. manats from the sale of profit oil and gas, 2.1 mln. manats as transit payments, 0.2 mln. manats as bonus payments and 0.01 mln. manats from sale of assets received from foreign companies………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16802 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
August 2015
M T W T F S S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31