Azerbaijan's trade balance is surging in 2022 thanks to oil/gas exports. However, State Oil Fund's (SOFAZ) assets have increased only by 0.6% in the first half of 2022. That's because the Fund lost ~3 billion USD in its investments this year, due to the current situation in the financial markets.1yr ⋅ KingElmir ⋅ r/azerbaijan
According to Carbon Tracker, Azerbaijan is in the most vulnarable group in case of low oil/gas demand in the mid-long term2yr ⋅ KingElmir ⋅ r/azerbaijan
