| 28.04.2009 - State Oil Fund of Azerbaijan posts assets at $10.864 bln |
| From Apa.az: As of April 1, State Oil Fund of the Republic of Azerbaijan (SOFAZ) posted its assets at 8 721.4 mln. manats (USD 10 863.9 mln.). Shahmar Movsumov, Executive Director of SOFAZ, told a press conference the Fund’s budget revenues for January-March, 2009 reached 1 349.2 million manats and budget expenditures 1 398.7 mln. manats. Revenue of 1 274.5 mln. manats was received from implementation of oil and gas agreements, including 1 272.2 mln......Full Article: Source |