The State Oil Fund of Azerbaijan (SOFAZ) posted a net profit of $15.8 billion in 2025, a 3.4-fold increase compared with the previous period.
The State Oil Fund of Azerbaijan, known as SOFAZ, reported that its financial results showed a sharp rise in 2025, though it did not disclose specific factors behind the jump in net profit.
SOFAZ is a state fund set up to manage Azerbaijan’s hydrocarbon revenues and build up reserves for future generations. Its assets are placed in both domestic and foreign investment portfolios.
