SOFAZ’s net profit hits $15.8 billion in 2025
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....
Tag : SOFAZ
SOFAZ hydrocarbon sales revenue hits $4.6 billion this year
Azerbaijan's State Oil Fund (SOFAZ) has collected about $4.6 billion in net revenue from sales of the state's profit share of oil and gas as...
Azerbaijan’s strategic reserves near $89.38 billion as trade surplus tops $11 billion
Azerbaijan's strategic foreign currency reserves climbed to $89.38 billion as of October 1, while the country's foreign trade surplus surpassed $11 billion in the first...
SOFAZ assets fall by $1.45 billion in September
The estimated assets of Azerbaijan's State Oil Fund (SOFAZ) dropped by $1.45 billion in September 2026, driven by falling gold prices and broad losses across...
SOFAZ equity portfolio climbs to $18 billion in first half of 2026
The State Oil Fund of Azerbaijan's holdings in stocks listed on developed markets rose by $1.5 billion in the first half of 2026 to reach...
SOFAZ, Brookfield sign deal for joint projects in region
Azerbaijan's State Oil Fund (SOFAZ) has signed a Memorandum of Understanding with global investment firm Brookfield to explore joint investment opportunities in Azerbaijan, as well...