Since its establishment through the end of last year, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) has recorded total budget revenues of $217.3 billion.
The fund earned $198.4 billion from oil and gas agreements and $18.9 billion from investment activities, Operative Information Center-OMM reports, citing the fund.
Over this period, the average return on SOFAZ’s investments was 2.8%, while the return in 2025 was 6.2%.
SOFAZ recorded $10.1 billion in revenues last year. Of that amount, $6 billion came from oil and gas agreements and $4.1 billion from investment activities.
SOFAZ’s budget expenditures over the period totaled $153.5 billion. This included $141.1 billion in transfers to the state budget, $11.9 billion allocated to project financing and $500 million in the fund’s operating expenses.
SOFAZ’s expenditures last year totaled $8.6 billion. The fund transferred $8.5 billion to the state budget, allocated $62.1 million to projects and spent $23.9 million on operations.
