Azerbaijani Oil Price Approaches $68

Baku: The price of Azerbaijani oil of the Azeri Light (CIF) brand has seen an increase of more than $1 on world markets. The price of one barrel of Azerbaijani oil rose by $1.35 or 2.03%, reaching $67.78.

According to Azeri-Press News Agency, the pr…

State Oil Fund Invests $50 Million in ADNOC Gas Pipelines

Abu Dhabi: The State Oil Fund of the Republic of Azerbaijan (‘SOFAZ’) and Lunate Capital (‘Lunate’), an Abu Dhabi-based global alternative investment manager, today announced that SOFAZ has invested USD 50 million in ADNOC Gas Pipeline Assets LLC (‘AG…