oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

Recent figures

Recent figures

Information as of October 01, 2024

SOFAZ’s assets: USD 61 697.6 mln.


Allocations:

  • iconsAZN 297.9 MLN.

    BTC Main Export Pipeline(Financing of the project was completed by SOFAZ in 2006)

  • iconsAZN 2 702.7 MLN.

    Improvement of social condition of refugees and IDPs(SOFAZ finances the project)

  • iconsAZN 779.6 MLN.

    Oguz-Qabala-Baku water supply system(Financing of the project was completed by SOFAZ in 2011)

  • iconsAZN 1 469.6 MLN.

    Reconstruction of the Samur-Absheron irrigation system (Financing of the project was completed by SOFAZ)

  • iconsAZN 152 736,7 MLN.

    Transfers to the state budget

  • iconsAZN 90.0 MLN.

    Formation of the statutory capital of the State Investment Company (Financing of the project was completed by SOFAZ in 2006)

  • iconsAZN 748.6 MLN.

    Baku-Tbilisi-Kars railway (Financing of the project was completed by SOFAZ)

  • iconsAZN 212.7 MLN.

    State Program on education of Azerbaijani youth abroad (Financing of the project was completed by SOFAZ)

  • iconsAZN 1 663.3 MLN.

    Construction of “STAR” Oil Refinery Complex (Financing of the project was completed by SOFAZ)

  • iconsAZN 87.6 MLN.

    Repayment of SOCAR's share in the project on joint exploration and development of ACG oilfields(Financing of the project was completed by SOFAZ in 2007)

  • iconsAZN 1 530.3 MLN.

    Southern Gas Corridor(Financing of the project was completed by SOFAZ)

  • iconsAZN 3 949.5 MLN.

    Transfers to the Central Bank of the Republic of Azerbaijan

  • iconsAZN 82.4 MLN.

    State Program on Raising Competitiveness of Higher Education in Azerbaijan in 2019-2023

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    • AZN 60.4 MLN.

      State Program for the education of young people at prestigious higher education institutions of foreign countries for 2022-2026