{"id":2186,"date":"2017-07-29T01:44:41","date_gmt":"2017-07-29T01:44:41","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=2186"},"modified":"2017-07-10T13:26:34","modified_gmt":"2017-07-10T13:26:34","slug":"the-state-oil-fund-of-the-republic-of-azerbaijan","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=2186","title":{"rendered":"The State Oil Fund of the Republic of Azerbaijan"},"content":{"rendered":"<p>The State Oil Fund of the Republic of Azerbaijan is the Sovereign Wealth Fund of Azerbaijan.<\/p>\n<p>SOFAZ is the name.<\/p>\n<p><a href=\"http:\/\/www.oilfund.az\/\" target=\"_blank\">http:\/\/www.oilfund.az\/<\/a><\/p>\n<p>It is all stems from 1995, when a consortium was organized, known as the Azerbaijan International Operating Company (AIOC). Originally AIOC was composed of eleven major international companies: BP (UK), Amoco (U.S.), LUKoil (Russia), Pennzoil, (now Devon of U.S.), UNOCAL (U.S.), Statoil (Norway), McDermott (U.S.), Ramco (Scotland), TPAO (Turkey), Delta Nimir (now Amerada Hess of U.S.), and SOCAR (Azerbaijan).<\/p>\n<p>Since then Exxon, now ExxonMobil (U.S.); ITOCHU (Japan); and INPEX (Japan) have joined the consortium and McDermott, Ramco and LUKoil have sold their shares.<\/p>\n<p>It is this massive investment that has created investment revenues for the State Oil Fund of the Republic of Azerbaijan to invest its profits.<\/p>\n<p>SOFAZ&#8217;s currency assets in the beginning of 2017 $33, 147 Million = $33 Billion<\/p>\n<p>78.9% Fixed income and money market instruments<br \/>\n12.9% Equities<br \/>\n4.6% Real Estate<br \/>\n3.6% Gold.<\/p>\n<p>It owns 78 St James Street, in London.<\/p>\n<p>Guess who is the tenant ?<\/p>\n<p><a href=\"http:\/\/www.scagliolaco.com\/project12.php\" target=\"_blank\">http:\/\/www.scagliolaco.com\/project12.php<\/a><\/p>\n<p>HSBC. A tenant that will pay the rent on time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Oil Fund of the Republic of Azerbaijan is the Sovereign Wealth Fund of Azerbaijan. SOFAZ is the name. http:\/\/www.oilfund.az\/ It is all stems from 1995, when a consortium was organized, known as the Azerbaijan International Operating Company (AIOC). Originally AIOC was composed of eleven major international companies: BP (UK), Amoco (U.S.), LUKoil (Russia), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2186","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2186"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2186\/revisions"}],"predecessor-version":[{"id":2187,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2186\/revisions\/2187"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}