State Oil Fund revenues reached 6.1bn manats in half year.
BAKU – Budget revenues of Azerbaijan State Oil Fund (SOFAZ) reached 6.101 billion manats in January-June, while budget expenditures made up 2.63bn, AzerTAc reports.
6.089bn manats were received by SOFAZ in revenues from implementation of the oil and gas projects, including: 6bn – from the sale of profit oil and gas; 83.2mln – in revenues from state share in the Baku-Tbilisi-Ceyhan pipeline, 4.3mln – from transit payments, 0.9mln – from the sale of assets purchased from foreign companies, and 0.8mln – from the acreage payments.
The revenues from managing of the Fund’s assets amounted to 11.9mln manats.
2.455bn manats were transferred by SOFAZ to the state budget.
SOFAZ assets has grown by 21.6% this year reaching USD $18 122.3mln.
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