13:00 - 2.08.2019

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August 2, Fineko/abc.az. Over Jan-Jun 2019 the budget revenues of the State Oil Fund of Azerbaijan (SOFAZ) amounted to AZN 10.698 bn and budget expenditures AZN 4.499 bn, says SOFAZ report for 1st half of 2019.

According to SOFAZ report, for the first 6 months of the year SOFAZ's revenues relating to the implementation of oil and gas agreements amounted to AZN 8.557 bn, including AZN 780.7 million from the sale of profit oil and gas, bonus payments AZN 766.4 million, transit payments AZN 8.9 million in, and acreage fees AZN 1.1 million.

Revenues from the managing Fund’s assets for the reporting period amounted to AZN 2.14 bn.

SOFAZ’s extra-budgetary revenues related to the revaluation of foreign exchange totaled 513.1 million.