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Tag: Oil Fund

Deficit of Azerbaijan’s Oil Fund in January-September Reaches $ 1.44 Billion

The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) at the end of September 2020 amounted to $ 43 billion 288.6…

SOFAZ to Spend $437 mln on Construction of Oil Refinery

On October 4, Azerbaijani President Ilham Aliyev approved changes in the budget of the State Oil Fund (SOFAZ) of Azerbaijan for 2017. According to the…

New advisor of CEO appointed in Azerbaijan’s State Oil Fund

Nargiz Nasrullayeva-Muduroglu has been appointed as Advisor of CEO of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), SOFAZ said June 12. Prior…

Net Profit of Azerbaijan within Framework of ACG Grows by More Than 42%

For the first quarter of 2017, the revenues of the State Oil Fund of Azerbaijan (SOFAZ) within the Azeri-Chirag-Guneshli (ACG) project amounted to $ 1…

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