This is to bring to the attention of the public that false calls on investment and oil and gas trading activities on an individual basis have been widely spread over the past three months with reference to the State Oil Fund of the Republic of Azerbaijan (SOFAZ ) and State Oil Company of the Republic of Azerbaijan (SOCAR). A similar call to action has been spread out today in “pop-up” format via different digital platforms on behalf of SOFAZ CEO Israfil Mammadov.

These statements don’t comply with the ultimate function of the State Oil Fund of the Republic of Azerbaijan.

SOFAZ bears no responsibility for such fraud announcements communicated on its behalf. We repeatedly ask our citizens to immediately contact the relevant state agencies upon the occurrence of such situations and to notify the SOFAZ press office at info@oilfund.az.

In order to avoid such phishing tricks, SOFAZ advises Azerbaijani citizens to refer to the official media sources of the Fund only.