Since its inception, SOFAZ received over $217B in revenue

Finance
  • 19 October, 2026
  • 17:29
Since its inception, SOFAZ received over $217B in revenue

The State Oil Fund of Azerbaijan (SOFAZ) received a total of $217.3 billion in revenues from the time of its creation through the end of 2025, Report informs referring to the fund.

According to the fund, $198.4 billion of this amount came from oil and gas agreements, while $18.9 billion was generated from investment activities.

The average return on the fund's investments during this period stood at 2.8%, while in 2025 it reached 6.2%.

In 2025, SOFAZ's revenues totaled $10.1 billion. Of this amount, $6 billion came from oil and gas agreements, and $4.1 billion was derived from investment activities.

Over the entire period, SOFAZ's expenditures amounted to $153.5 billion. Of this total, $141.1 billion was transferred to the state budget, $11.9 billion was directed to project financing, and $0.5 billion accounted for operational expenses.

In 2025, SOFAZ's expenditures reached $8.6 billion. Specifically, the fund transferred $8.5 billion to the state budget, allocated $62.1 million for projects, and spent $23.9 million on operational expenses.