Tue, Apr 28, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials

SOFAZ transfers 4 883.8 mln manats in January-June 2014

Posted on 22 July 2014

Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-June, 2014 reached 6 493.6 mln. manats, while budget expenditures constituted 5 163.1 mln. manats.
Revenue of 6 374.8 mln. manats was received from the implementation of oil and gas agreements, including 6 355.4 mln. manats from the sale of profit oil and gas, 4.4 mln. manats as transit payments, 13.3 mln. manats as bonus payments and 1.7 mln. manats as acreage fees.The revenues from managing assets of the Fund for January-June 2014 amounted to 118.8 mln. manats………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16155 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2015
M T W T F S S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930