| Revenues of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 7 391.9 million manat in the first half of 2012 and expenses - 4 878.1 million manat, executive director of the Fund Shahmar Movsumov said at a press conference on the results of activity in the first six months of this year.
He noted that most of the fund's revenue - 95.9 per cent was provided through the sale of oil and gas. Income from implementation of oil contracts were at 7.0998 billion manat, including the sale of profitable oil and gas - 7091.4 million manat from transit payments - 3.8 million manat...............................................Full Article: Source
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