State Oil Fund of Azerbaijan (SOFAZ) expects an increase of assets with up to $40-50 billion in the next two years, Executive Director Shahmar Movsumov said at a press conference reviewing 2009 results...
The State Oil Company of Azerbaijan Republic (SOCAR) intends to build a new pipeline to export gas to Iran, Azerigas PU First Deputy Nazim Samadzade said...
SOCAR plans to bring Azerbaijani gas system on par with world standards in five years, Rovnag Abdullayev said Feb.2. "Preliminary engineering shows that about 3-4 billion...
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January to December, 2009 reached 8.176.7 billion manats...
The State Oil Fund of Azerbaijan (SOFAZ) is designing proposals on diversification of its investment portfolio, SOFAZ Executive Director Shahmar Movsumov said to a news conference dedicated the result of 2009...
At present, Azerbaijan exports about 2.3 million cubic meters of its own gas per day to Georgia as a part of SOCAR's (State Oil Company of Azerbaijan) activities in the Georgian market...
In summer this year, SOCAR (State Oil Company of Azerbaijan) and National Iranian Gas Export Company (NIGEC) will sign a long-term contract for the supply of Azerbaijani gas to Iran...