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10 months ago
Azeri oil fund SOFAZ assets stand at $35.8 bln in Jan-Sept, flat y/y
October 12, 2016 / 11:37 AM / 10 months ago

Azeri oil fund SOFAZ assets stand at $35.8 bln in Jan-Sept, flat y/y

BAKU, Oct 12 (Reuters) - The assets of Azerbaijan's state oil fund SOFAZ totalled $35.822 billion in January-September, flat on the same year-ago period, but 6.7 percent higher than at the befinning of 2016, the fund's executive director, Shakhmar Movsumov, said on Wednesday.

SOFAZ's investment potrfolio shrank by 5.2 percent year-on-year to $33.95 billion in the first January-September, Movsumov told reporters. (Reporting by Nailia Bagirova; Writing by Dmitry Solovyov)

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