TODAY.AZ / Business

TDA to extend $0.855mln grant to State Oil Fund

08 February 2007 [10:52] - TODAY.AZ
US Trade and Development Agency will render technical assistance worth $855,000 to the State Oil Fund of Azerbaijan, as per the MOU signed on Feb. 7, said Executive Director of the SOFAZ Shahmar Movsumov.

"Moreover, a 1mln grant has been allocated by the TDA. It is the second phase, will be spent on further improvement in the SOFAZ ," he told APA.


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