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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

SOFAZ gets 2.07% rise in assets

Posted on 21 May 2014

State Oil Fund of Azerbaijan has made public information on revenues and expenditures for January-March, 2014. SOFAZ told APA-Economics that the budget revenues for the period of January-March, 2014 reached 3,005.0 million manats, while budget expenditures constituted 2,443.3 million manats.
Revenue of 3,006.8 mln. manats was received from the implementation of oil and gas agreements, including 2,991.2 mln. manats from the sale of profit oil and gas, 2.3 mln. manats as transit payments, 13.3 mln. manats as bonus payments…………………………………Full Article: Source


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