21.04.2016 - SOFAZ assets gets 2% rise
The revenues from managing assets for first quarter 2016 amounted to 148.8 mln. manat. Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-March, 2016 reached 2,023.1 million manat, while budget expenditures constituted 1,946.7 million manat, APA reports. Revenue of 1,874.3 mln. manat was received from implementation of oil and gas agreements, including 1,869.8 mln. manat from the sale of profit oil and gas, 0.1 mln. manat as bonus payments and 4.4 mln. manat as transit payments...............................................Full Article: Source
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