By October 1, 2014 assets of SOFAZ totaled $37,305,300, reported SOFAZ.
The same source said that the assets increased by 3.98% against early year ($35,877,500). However, by July 1, 2014 assets of SOFAZ totaled $37,622,400, which means that during the third quarter the assets dropped by $317.1 million.
The peak of proceeds to SOFAZ was in 2011 and totaled 15,628,300 AZN per year, but afterwards the proceeds started going down.
The highest level of decline was in 2012, when during one year the incomes decreased by $2 billion. This has happened against the background of production decline on the Azeri-Chirag-Guneshli (ACG) fields.
