State Oil Fund of Azerbaijan Republic

Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan held on July 24, 2009 a press conference on SOFAZ activities in the period of January-June, 2009. Updating press on the latest developments at SOFAZ, he made a presentation and answered media questions.

SOFAZ Executive Director’s interview to Region plus magazine, dated 1 May 2009

The global economic crisis, plummeting oil prices - many experts are wondering how the Azerbaijani economy is managing to withstand the impact of these reverses and remain stable against the backdrop of complete ruin in neighbouring countries. Particularly amazing is the state budget - how can it be managed with oil prices so low on international stock exchanges? Will Azerbaijan have to spend all of its oil savings? All doubts are dispelled by Sahmar Movsumov, executive director of the State Oil Fund, in an interview with Region Plus.

Speech of Jennifer Johnson-Calari, Sovereign Investments Partnerships Director of World Bank, at the SOFAZ Press Conference dated 28.01.2009

It has been World Banks honor and pleasure to work with SOFAZ for the last 2 years. As you undoubtedly noted in the January in Euromoney SOFAZ has been recognized worldwide for having created very sound investment management platform with which to invest country's financial assets.

SOFAZ Executive Director holds press conference

Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan held on April 17, 2008 a press conference on SOFAZ activities in the period of January-March, 2008. Updating press on the latest developments at SOFAZ, he made a presentation and answered media questions.

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