SOFAZ to get nearly $100B in next 20 years

Baku, Azerbaijan, Nov. 24 Trend: The State Oil Fund of Azerbaijan (SOFAZ) will obtain about $100 billion from the sale of oil and gas in the next 15-20 years, said SOFAZ Executive Director Shahmar Movsumov. Movsumov made the remarks Nov. 24 during a banking conference in Baku. He said that as of today, SOFAZ received $120 billion from the sale of oil and gas.