SOFAZ assets exceed $54B

SOFAZ assets exceed $54B The assets of the State Oil Fund have exceeded $54 billion, said SOFAZ CEO Israfil Mammadov, Report informs. 
Finance
May 12, 2023 12:16
SOFAZ assets exceed $54B

The assets of the State Oil Fund of Azerbaijan (SOFAZ) have exceeded $54 billion, said SOFAZ CEO Israfil Mammadov, Report informs.

"This figure was $271 million when the Fund was established (1999)," he added.

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