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Azeri oil fund chief meets senior French senator

3 October 2012 18:24 (UTC+04:00)
Azeri oil fund chief meets senior French senator

Azerbaijan's state oil fund Sofaz executive director, Shahmar Movsumov, has met a French delegation headed by co-chairman of the Senate Energy Studies Group Ladislas Poniatowski.

Movsumov briefed the delegation on the fund's activity, management of its assets, Sovereign Wealth Funds, major projects financed by the fund and economic cooperation between the governments of Azerbaijan and France.

He also talked about Sofaz's leading role in implementation of the Extractive Industries Transparency Initiative (EITI).

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