State Oil Fund of the Republic of Azerbaijan

State Oil Fund of the Republic of Azerbaijan (SOFAZ) is a sovereign wealth fund based in Baku, Azerbaijan. The mission of SOFAZ is to transform depletable hydrocarbon reserves into financial assets generating perpetual income for current and future generations, to finance strategically important infrastructure and social projects of national scale, to ensure the representation of the country in international agreements on joint exploration of natural resources. It is a Sovereign Wealth Fund.