SOFAZ to get nearly $100B in next 20 years

  24 November 2016    Read: 997
SOFAZ to get nearly $100B in next 20 years
The State Oil Fund of Azerbaijan (SOFAZ) will obtain about $100 billion from the sale of oil and gas in the next 15-20 years, said SOFAZ Executive Director Shahmar Movsumov.
Movsumov made the remarks Nov. 24 during a banking conference in Baku.

He said that as of today, SOFAZ received $120 billion from the sale of oil and gas.

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