On May 11th, the State Oil Fund of the Republic of Azerbaijan held an event dedicated to the 100th anniversary of the birth of the National Leader Heydar Aliyev, the founder of the modern and independent Azerbaijan, and the cherished memory of the National Leader was commemorated.

Firstly, a short documentary film produced to commemorate the 100th anniversary of Heydar Aliyev was presented to the attendees of the event.

During the event, SOFAZ Executive Director Israfil Mammadov talked about the new oil strategy founded by National Leader Heydar Aliyev, who worked for the sake of the integrity and development of Azerbaijan and dedicated his life to the happy future of our people and the contributions of this strategy to the country's economy. The Executive Director mentioned that State Oil Fund that was established as a product of this strategy, in order to safeguard and prudently manage energy-related earnings obtained from the sale of oil and gas by the National Leader Heydar Aliyev in 1999 at the suggestion of Mr. President Ilham Aliyev. Mr. Israfil Mammadov highlighted that the assets of SOFAZ were equal to 271 million US dollars at the time of its foundation and increased and amounted to 54 billion US dollars currently. Executive Director Israfil Mammadov also emphasized that the recommendations given by the National Leader during the first meeting of the Supervisory Board of the State Oil Fund held on July 16, 2002 under the chairmanship of Heydar Aliyev are still being followed by the activities of the State Oil Fund today.

During the joint interview with Nargiz Nasrullayeva-Muduroglu, Advisor to the Executive Director of SOFAZ, Mrs. Dilara Seyidzade discussed the activities of the National Leader and shared her thoughts and memories about National Leader and mentioned that Heydar Aliyev had won great sympathy at the international level due to his rich knowledge, broad outlook, and courage.

At the end of the event, Dilara Seyidzade answered questions from SOFAZ's employees about the National Leader's activities and offered her recommendations on Heydar Aliyev's leadership qualities. She emphasized that the young generation should learn from Heydar Aliyev's immense love for the motherland, sense of responsibility, self-discipline, and other essential values.