Azerbaijan state oil fund's assets fell 5% in first half of 2015

The fund had revenue of 4.05 billion manat from the sale of crude oil and natural gas during the period. It spent 4.04 billion manat, including 3.56 billion manat transferred to the national budget.

Just over 307 million manat was spent to finance Azerbaijan’s share of the South Gas Corridor projects.

Almost 90 million manat allocated for construction of new houses for people displaced as a result of the Armenian occupation of Azerbaijani territory.