SOFAZ gets 28% decline in investments in joint ventures 

Kanan Sadigov
Author

As of January 1, 2023, the investments of the State Oil Fund of Azerbaijan (SOFAZ) in the joint ventures stood at 791.488 million manats ($465.58 million), down 28.3% from the previous year, Report informs, citing the Fund.

The investments in joint ventures constituted 0.9% of its total assets, while this figure was 1.4% in 2021.

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