| 05.07.2012 - Azeri Oil Fund expects 28pct growth in budget revenue this year |
| The State Oil Fund of Azerbaijan, known as Sofaz, expects a 28 percent increase in budget revenue this year after crude prices exceeded government forecasts. Projected 2012 revenue was boosted to $13.7 billion from $10.7 billion by a presidential decree, Sofaz said today in an e-mailed statement. It didn’t specify its oil price forecasts...............................................Full Article: Source |