Azerbaijan's State Oil Fund transfers 180.04 billion manat to state budget

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) transferred a total of 180.041 billion manat to the state budget as of 30 September 2026, the fund reported. For January to September 2026, the fund's budget expenditures amounted to 9.6812 billion manat, of which 9.628 billion manat was transferred to the state budget.

The fund's assets stood at $74 billion, or 125.8 billion manat, on 30 September 2026. That was up $462 million, or 786 million manat, from the start of the year, when assets were $73.5 billion (125 billion manat). Total revenues in the reporting period were 12.341 billion manat.

Most revenue came from oil and gas projects, totalling 8.7406 billion manat. Sales of profit oil and gas brought in 7,343.9 million manat. The Azeri-Chirag-Gunashli field yielded 6,570.6 million manat and Shah Deniz 565.1 million manat from gas and condensate sales. The sale of the state's stake in Southern Gas Corridor CJSC brought in 1,390.9 million manat, and the fund allocated 27.7 million manat to ongoing state programmes.