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Oil Fund's assets exceed $5bn

11 June 2008 20:55 (UTC+04:00)
Oil Fund's assets exceed $5bn
The assets of the Azerbaijan State Oil Fund (SOFAZ) have reached a record high to hit $5.050 billion as of last Wednesday.
The Fund's assets made up $270 million in 2001 when it was established.
The entity accumulates revenues from the implementation of large-scale energy projects in the country.

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