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SOFAZ to Finance TANAP Construction

The State Oil Fund of Azerbaijan (SOFAZ) is considering investing funds in the construction of the Trans-Anatolia Pipeline, SOFAZ Executive Director Shahmar Movsumov said.

According to Movsumov, SOFAZ's presence in TANAP construction is under discussion.

"This is a very important project and it is not excluded [that the] usage of SOFAZ funds for this project [are possible]. This issue is being discussed presently," he added.

Source: APA

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