Accra:In the first nine months of 2026, the State Oil Fund of the Republic of Azerbaijan (SOFAZ) experienced an 11.5 percent increase in revenues from oil and gas agreements compared to the same period in the previous year, reaching a total of 8 billion 740.6 million manats.

According to Azerbaijan State News Agency, SOFAZ's report on revenues and expenditures for January to September 2026 showed that 7 billion 343.9 million manats were generated from the sale of profit oil and gas, marking a 3.9 percent increase. Additionally, 1 billion 390.9 million manats were earned from the sale of the state-owned share in "Southern Gas Corridor" CJSC.

The report also highlighted that 4.9 million manats came from acreage payments, representing a 1.4-fold increase, while bonus payments and transit revenues contributed 0.9 million manats to the total revenue.