24.09.2014 - SOFAZ to gain $200 bln in coming years
Azerbaijan's state oil fund SOFAZ, an entity that accumulates and manages the country's oil and gas revenues, is expected to gain $200 billion in the coming years.The news was announced by Executive Director of SOFAZ Shahmar Movsumov on September 20. He told the journalists that currently, SOFAZ continues financing the projects on the construction of the Baku-Tbilisi-Kars railway, rehabilitation of the Samur-Absheron irrigation system, as well as the state program on education of Azerbaijani students abroad...............................................Full Article: Source
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