Back صندوق أذربيجان النفطي الحكومي Arabic Azərbaycan Respublikası Dövlət Neft Fondu Azerbaijani Fonds pétrolier national d'Azerbaïdjan French აზერბაიჯანის რესპუბლიკის სახელმწიფო ნავთობის ფონდი Georgian State Oil Fund of Azerbaijan Dutch Государственный нефтяной фонд Азербайджанской Республики Russian Azerbaycan Devlet Petrol Fonu Turkish
| Azərbaycan Respublikasının Dövlət Neft Fondu | |
 | |
| Abbreviation | SOFAZ |
|---|---|
| Established | December 29, 1999 |
| Founded at | Baku, Azerbaijan |
| Type | SWF |
Executive Director | Israfil Mammadov |
| Award(s) | United Nations Public Service Awards EITI Award |
| Website | www.oilfund.az |
The State Oil Fund of the Republic of Azerbaijan (Azerbaijani: Azərbaycan Respublikasının Dövlət Neft Fondu), also known by its abbreviation SOFAZ, is a sovereign wealth fund of Azerbaijan founded in December 1999.[1][2]
Nearly all the fund's revenues come from Azerbaijan's oil and gas exports.[3][4] The fund has been criticized for its lack of transparency and for enriching Azerbaijan's political elites.[5][6]
- ^ "IFC and Azerbaijan Support Private Sector Development in Emerging Markets". pressroom.ifc.org. Retrieved October 28, 2021.
- ^ Columbia Center on sustainable investment. "Natural Resource Funds Azerbaijan State Oil Fund of the Republic of Azerbaijan" (PDF).
- ^ Curran, Enda (2013-02-13). "Azerbaijan to Buy Australian Real Estate". Wall Street Journal. ISSN 0099-9660.
- ^ Di Bonaventura Altuve, Leonardo (2023). "The demise of sovereign wealth funds". Review of International Political Economy. 31: 277–303. doi:10.1080/09692290.2023.2190601. ISSN 0969-2290. S2CID 257817535.
- ^ Altstadt, Audrey L. (2017). Frustrated Democracy in Post-Soviet Azerbaijan. Columbia University Press. pp. 24, 114–120. ISBN 978-0-231-80141-6.
- ^ Waal, Thomas de (2018-11-02). The Caucasus: An Introduction. Oxford University Press. p. 185. ISBN 978-0-19-068311-5.
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