oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ held a series of meetings in the People’s Republic of China

09 Sep 2024 13:11:00

SOFAZ held a series of meetings in the People’s Republic of China

09 Sep 2024 13:11:00

The delegation led by Israfil Mammadov, Chief Executive Officer of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), had a working visit to the People’s Republic of China. During the visit, the delegation attended the Opening Ceremony of the 24th China International Fair for Investment & Trade and held meetings with various public and private sector organizations.

On September 7, a roundtable discussion was held with Vice Premier of the State Council of the People’s Republic of China, He Lifeng, along with representatives from other government bodies. The discussions focused on potential areas for collaboration between the sovereign wealth funds of both countries, exploring partnership opportunities, and exchanging views on sustainable development and the implementation of green energy initiatives within the framework of investment activities.

Additionally, the delegation met with Liu Haoling, Vice Chairman of the China Investment Corporation, Jonathan Gray, President of Blackstone Investment Group, Bruce Flatt, CEO of Brookfield Asset Management, Xuan Changneng, Deputy Governor of the People’s Bank of China, and senior representatives from companies such as China Energy Engineering Corporation, CATL, HiTHIUM, and others in the industrial and energy sectors. The meetings centered on expanding SOFAZ’s cooperation with these organizations and discussing potential investment opportunities.

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