Fri, Aug 29, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Azerbaijan State Oil Fund’s long-term assets exceed $ 1 bln in 2012

Posted on 18 July 2013

The assets of the State Oil Fund of Azerbaijan (SOFAZ) hit 26.9 billion manat in 2012 compared to over 23.5 billion manat in 2011, SOFAZ reported today. According to the report, about 26.01 billion manat of the total amount of assets fell to current assets and about 876.63 million manat - long-term assets.
SOFAZ received 13.72 billion manat compared to 13.67 billion manat in 2011, the report said. SOFAZ’s expenses hit 10.75 billion manat last year compared to 10.57 billion manat in 2011. SOFAZ was established in 1999. Its assets hit $271 million during that period………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031