Baku: This year marks the first instance of dividends being paid to the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from state-owned shares of the Southern Gas Corridor (SGC) CJSC. The amount of USD 233.1 million, equivalent to AZN 396.2 million, has been allocated for this purpose. This information was detailed in the opinion of the Chamber of Accounts on the draft budget of SOFAZ for 2025.

According to Azeri-Press News Agency, alongside the dividends from the Southern Gas Corridor, plans are in place to initiate dividend payments from 2026 for the SOCAR STAR Oil Refinery or Star Aegean project in Turkey. These developments highlight a significant financial milestone for SOFAZ, marking an expansion in its revenue streams from international energy investments.