oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ Executive Director takes part at the EITI Board meeting

03 Nov 2008 11:00:00

SOFAZ Executive Director takes part at the EITI Board meeting

03 Nov 2008 11:00:00
Chairman of the National EITI Committee, a member of the EITI Board and the Executive Director of the State Oil Fund of the Republic of Azerbaijan Shahmar Movsumov participated at the EITI Board meeting which was held on 29-30 October, 2008 in Athena.

Importance of EITI Resolution adopted by UN General Assembly was emphasized at the meeting and Azerbaijan's initiative in submission of this Resolution to the UN General Assembly was appreciated.

It was also emphasized that Azerbaijan is the first country which officially launched the Validation process and it was praised by other Board members.

Preparation works for the International Conference which will be held on 16-18 February, 2009 in Doha were discussed at the meeting.

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