Tag:

Oil Fund

High oil prices: pros and cons for Azerbaijan

Rising oil prices are traditionally seen as an unequivocal benefit for hydrocarbon-exporting countries. For Azerbaijan, whose economy largely depends on the energy sector, this factor indeed plays a key role. However, in modern conditions, the impact of oil prices on the country’s economy is far more complex and multifaceted than it may appear at first glance.

08 Apr 2026-09:30
Azerbaijan Oil Fund assets jump 22.5% in 2025

The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) recorded strong growth in 2025, rising by more than 22 percent and reaching a total value of $73.5 billion.

27 Jan 2026-13:50
What the Davos BlackRock deal means for Azerbaijan’s economy

Editor’s note: Abulfaz Babazadeh is a scientist, a Japanese studies scholar and a political observer, as well as a member of the Union of Journalists of Azerbaijan. The views expressed in this article are those of the author and do not necessarily reflect the position of News.Az.

23 Jan 2026-09:30
JPMorgan chief praises Azerbaijan’s investment climate

JPMorgan Chairman and CEO Jamie Dimon has described Azerbaijan as a country with a stable and attractive investment environment, highlighting its growing reputation as a reliable partner in global financial markets.

20 Jan 2026-15:59
Azerbaijan approves State Oil Fund’s 2026 budget

President Ilham Aliyev has signed a decree approving the 2026 budget of the State Oil Fund of Azerbaijan (SOFAZ).

29 Dec 2025-17:37
Azerbaijan’s strategic reserves reach $81.5B, far above foreign debt

As of October 1, 2025, Azerbaijan’s strategic currency reserves, including the State Oil Fund and the Central Bank, totaled $81.5 billion, News.Az reports, citing local media.

29 Oct 2025-17:33
Why India won’t quit cheap Russian oil, despite U.S. pressure

29 Oct 2025-08:44
Azerbaijan’s Oil Fund assets near $70 billion after 16.9% growth

As of October 1, 2025, the State Oil Fund of Azerbaijan (SOFAZ) reported assets totaling nearly $70.16 billion, marking a 16.9% increase compared with the start of the year.

23 Oct 2025-11:16
Azerbaijan’s oil fund invests in the future. From Gatwick airport to Italy’s solar projects

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) stands today as one of the cornerstones of the country’s sustainable economic development. Established to accumulate revenues from oil and gas exports and channel them into long-term investments, the Fund has become a symbol of Azerbaijan’s commitment to financial discipline, foresight, and diversification. Its expanding international portfolio reflects a clear strategic intention: to transform hydrocarbon income into enduring economic influence and global financial stability.

11 Oct 2025-09:55
Azerbaijan's State Oil Fund partners with GIP to invest £50 million in Gatwick Airport

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has teamed up with U.S.-based Global Infrastructure Partners (GIP), part of BlackRock, to invest £50 million in London Gatwick Airport.

09 Oct 2025-11:05