Baku. 28 December. REPORT.AZ/ Assets of the State Oil Fund of Azerbaijan (SOFAZ) grew by 140.7-fold in 17 years, Report informs referring to SOFAZ.
While the total assets of SOFAZ amounted to USD 270 mln. at the time of its establishment, in 2018 it already exceeded USD 38 bln.
Established 19 years ago on December 29, 1999 as a successful result of the national oil strategy laid by the national leader