Azerbaijan’s Oil Fund invests in Dubai Education Company
A consortium led by the Canadian company Brookfield Asset Management Ltd., which also includes the State Oil Fund of Azerbaijan ...
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Tag: SOFAZ
SOFAZ’s profit from the “Shah Deniz” project decreased by 3.8 times
The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the “Shah Deniz” field in the Azerbaijani sector of ...
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The assets of the Azerbaijan Oil Fund increased by $1.3 billion
The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), as of April 1, 2024, reached $57 ...
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In January-February 2024, the income of the Azerbaijan Oil Fund from oil and gas projects decreased by 50%
Revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli block (ACG) ...
Read moreThe share of shares of companies in the assets of the Oil Fund of Azerbaijan exceeded 21%
The State Oil Fund of Azerbaijan (SOFAZ) still prefers to place the bulk of assets in US dollars, the share ...
Read moreIn 2022, the Oil Fund received $11.6 billion from the sale of Azerbaijani oil and gas
The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAR) in 2022 increased by 8.9% - up ...
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SOFAZ denies acquiring share in Latvian gas trader
Azerbaijan’s State Oil Fund (SOFAZ) doesn’t plan direct investments in the shares of any company, the Fund said in response ...
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In January-August 2022 net profit of Azerbaijan from “Shah Deniz” totaled about $1.15 bn
In January-August 2022, revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the implementation of the “Shah Deniz” gas ...
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Azerbaijan has earned over $1 billion from the “Shah Deniz” project in seven months
The State Oil Fund of Azerbaijan (SOFAZ) reported that in January-July this year, the profit received by the state within ...
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SOFAZ’s revenues from the sale of profitable oil from ACG doubled
Revenues to the State Oil Fund of Azerbaijan (SOFAR) from the sale of profitable oil and gas from the Azeri-Chirag-Guneshli ...
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Azerbaijani Oil Fund announces revenue from two major offshore deposits
The State Oil Fund of Azerbaijan (SOFAZ) has announced revenue from the Azeri-Chirag-Guneshli (ACG) and Shah Deniz offshore fields in ...
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Azerbaijan Oil Fund revenues from ACG and Shah Deniz blocks collapsed
Income to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli (ACG) block ...
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SOFAZ reveals revenues from ACG and Shah Deniz fields
The State Oil Fund of Azerbaijan (SOFAZ) has announced revenues from the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields in the ...
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Oil Fund of Azerbaijan Purchased 17.9 Thousand Ounces of Locally Produced Gold in 2020
AzerGold CJSC sold 17.9 thousand ounces of pure gold to the State Oil Fund of Azerbaijan (SOFAZ) in 2020, the ...
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Azerbaijan Did Not Receive Gas Revenues from Giant Shah Deniz Project in January 2021
According to the results of the first month of 2021, the state did not receive profitable gas from the giant ...
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Azerbaijan Oil Fund Assets Grew by $ 241 Million in 2020
The assets of the State Oil Fund of Azerbaijan (SOFAZ) in 2020 increased by 0.56% or by $ 241 million ...
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Income of Oil Fund from ACG Project Noticeably Decreased
Proceeds to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil and gas from the Azeri-Chirag-Gunashli ...
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Deficit of Azerbaijan’s Oil Fund in January-September Reaches $ 1.44 Billion
The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) at the end of September 2020 amounted ...
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Azerbaijan’s Revenues from ACG and Shah Deniz Decrease by Two Times
Proceeds to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil and gas from the Azeri-Chirag-Gunashli ...
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Government Decides to Reduce Forecast Oil Prices in Budget by 36.4%
The Azerbaijani government decided, given low oil prices, to revise the parameters of both the state budget and the budget ...
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Oil Fund Received $ 154 Billion, 73% Spent
The volume of revenues to the State Oil Fund of Azerbaijan (SOFAZ) in 2001-2019 amounted to $ 159.4 billion, is ...
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Azerbaijan’s profit from ACG project drops sharply in May
Revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Gunashli (ACG) block ...
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Assets of State Oil Fund of Azerbaijan for First Time Exceed $40 Bn
Assets of the State Oil Fund of Azerbaijan (SOFAZ) in the first quarter of 2019 increased by 4.56% to $ ...
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Revenues of Oil Fund in 2018 to be 42% higher than forecasted figures
The Supervisory Board of the State Oil Fund of Azerbaijan (SOFAZ) at a meeting on Friday considered the draft budget ...
Read moreSOFAZ announces revenue and expenditure statement for January-March 2018
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-March, 2018 reached ...
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SOFAZ sold $647mn during March
State Oil Fund of the Republic of Azerbaijan (SOFAZ) sold USD 647 million during March, 2018. SOFAZ sold USD 1 310.2 ...
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About 92% of revenues of Oil Fund depends on activities of ACG
According to the results of 2017, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) received $ 6.41 billion ...
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Oil Fund has over 47% of funds placed in US Dollars
The Oil Fund of Azerbaijan still prefers to place most of its assets in US dollars, the data of SOFAZ ...
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SOFAZ received more than $650mn from ACG in January
In January 2018, revenues to the State Oil Fund of Azerbaijan (SOFAZ) within the framework of the Azeri-Chirag-Gunashli (ACG) block ...
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Oil Fund dramatically reduced sale of foreign currency in January 2018
In January 2018, the State Oil Fund of Azerbaijan (SOFAZ) sold foreign currency for a total of $ 299.1 million ...
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