SOFAZ’s Shah Deniz Revenues for 2026 Show Decline

Baku: In January-June 2026, revenues from the sale of gas and condensate from the Shah Deniz field to the State Oil Fund of the Republic of Azerbaijan (SOFAZ) declined, APA-Economics reports. During the reporting period, the Fund received AZN 423.3 mi…

SOFAZ Assets Stand at $72.6 Billion as of July 1

Baku: As of July 1 this year, the assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) amounted to USD 72.596 billion (AZN 123.414 billion), APA-Economics reports.

According to Azeri-Press news agency, this figure is 1.29% lower compar…

SOFAZ Suspends Gold Sales

Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) suspended gold sales in the second quarter of this year, the Fund said, APA-Economics reports.

According to Azeri-Press news agency, SOFAZ’s gold reserves stood at 178.1 tonnes. As of Ju…

SOFAZ Suspends Gold Sales

Baku: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) suspended gold sales in the second quarter of this year, the Fund said, APA-Economics reports.

According to Azeri-Press news agency, SOFAZ’s gold reserves stood at 178.1 tonnes. As of Ju…

Azerbaijan Revises Legislation on IDP Status

Baku: Another case has been identified regarding the legislative regulation of internally displaced person (IDP) status, APA reports. The recent amendments to the Law “On the Status of Refugees and Internally Displaced Persons (Persons Displaced Withi…