[ad_1] The State Oil Fund of Azerbaijan (SOFAZ) has revealed revenues from exploiting the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the fund. In January-July 2021, the fund received just over $2.903 billion from the ACG field. Since the start of ACG development in 2001,… Continue reading SOFAZ announces revenues from ACG, Shah Deniz fields
Tag: SOFAZ
SOFAZ discloses revenues from ACG, Shah Deniz fields
[ad_1] The State Oil Fund of Azerbaijan (SOFAZ) has revealed revenues from exploiting the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the fund. From January through June 2021, the fund received just over $2.354 billion from the ACG field. Since the start of ACG development… Continue reading SOFAZ discloses revenues from ACG, Shah Deniz fields
USD share up in SOFAZ investment portfolio
[ad_1] The investment portfolio of Azerbaijan’s State Oil Fund (SOFAZ) as of July 1, 2021, amounted to $44.104 billion, which is 3.4% more than on July 1, 2020, Report informs with reference to the Fund. Currently, 68.6% of SOFAZ investments are in US dollars. This is 0.2 percentage points more than a year ago. The… Continue reading USD share up in SOFAZ investment portfolio
SOFAZ increases stake of shares in investment portfolio
[ad_1] As of July 1, 2021, the share of bonds and other money market instruments in the investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 62.9%, which is 3.9 percentage points less than on July 1, 2021, Report informs with reference to the Fund. SOFAZ increased stake of shares in the… Continue reading SOFAZ increases stake of shares in investment portfolio