SOFAZ Director meets French delegation

Shahmar Movsumov, Executive Director of the Azerbaijan State Oil Fund (SOFAZ) met a French delegation headed by co-chairman of the Senate Energy Studies Group Ladislas Poniatowski on Tuesday.

During the meeting, Movsumov briefed the guests on the Fund’s activity, management of its assets, Sovereign Wealth Funds, major projects financed by the Fund and economic cooperation between the government of Azerbaijan and France. He also talked about SOFAZ’s leading role in implementation of the Extractive Industries Transparency Initiative (EITI).


/AzerTAc/