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Sovereign Wealth Funds Briefing - Categorized | Financials, Reserve Currencies

Azerbaijan expects $200bln oil revenue over 15 years

Posted on 04 November 2010

From News.az: Azerbaijan forecasts oil revenues of $200bn over the next 15 years, the head of the State Oil Fund (SOFAZ), Shahmar Movsumov, has said. He told state-run channel AzTV, “According to forecasts, Azerbaijan’s oil revenues in the next 15 years will be $200bn.”
These revenues will come from the BP-operated Azeri-Chirag-Guneshli offshore bloc……………………………………….Full Article: Source


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