11:05 - 29.05.2025

---

May 29, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) has invested $50 million in ADNOC Gas Pipeline Assets DLC (AGPA) through a specialized investment fund managed by global company Lunate Capital from Abu Dhabi (UAE).

ABC.AZ reports, referring to SOFAZ, that the investment is aimed at diversifying the fund's portfolio through sustainable and profitable infrastructure assets.

In addition, it will help strengthen economic ties with the region of the Cooperation Council for the Arab States of the Persian Gulf, according to the fund.

AGPA operates one of the UAE's key gas transportation systems, which includes 38 pipelines with length of 982 km. AGPA and state-owned company ADNOC have signed a long-term agreement to ensure a stable income stream based on guaranteed gas supplies.