73% of funds paid to SOFAZ were spent
Finance
- 11 July, 2018
- 11:33
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 11 July. REPORT.AZ/ Since 2001, the $ 142.1 bln were paid to the State Oil Fund of the Azerbaijan Republic (SOFAZ).
Report informs, Deputy CEO of State Oil Fund Israfil Mammadov said at Baku Summer Energy School at ADA University.
According to him, 73% of this amount or 104.28 billion dollars were spent: “In 2001-2018, 27% of the funds or $ 37.8 billion paid to SOFAZ were collected”.
Latest News
09:05
Key indicators of world commodity, stock, and currency markets (04.11.2026)
Finance
09:00
4 oil tankers ablaze after striking mines in Strait of Hormuz, IRGC says
Region
08:51
Politico: European Commission preparing 'cautious' EU accession plan for Ukraine
Other countries
08:34
Democrats have over 95% chance of taking control of US Senate, says NYT
Other countries
08:25
NYT: US, Venezuela hold talks on military agreement
Other countries
08:09
Vučić claims Student List seeks to abolish Serbia's traditional values
Other countries
07:54
Spanish Transport Minister resigns following deadly train crash in Toledo
Other countries
07:41
Belgrade-Moscow flight returns to airport due to security concerns
Other countries
07:30
UEFA Champions League: Nine matches played on Round 4 opening day
Football