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Sovereign Wealth Funds Briefing - Categorized | Market

State Oil Fund of Azerbaijan supports governmental prognosis of oil prices

Posted on 16 October 2009

From Abc.az: The State Oil Fund of the Republic of Azerbaijan (SOFAZ) supports conservative approach to forecasting of export oil price upon drawing up budget of the country for 2010.

SOFAZ Executive Director Shahmar Movsumov said that indicating in the budget of oil price on the level of $45 per barrel is correct step……………………Full Article: Source

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