SOCAR obtained more than AZN 51 bln. from oil sale last year

SOCAR obtained more than AZN 51 bln. from oil sale last year
  • Clock-gray 11:03
  • calendar-gray 30 June 2020

SOCAR obtained revenue of AZN 51.1 bln. from crude oil sale in 2019, APA-Economics reports citing SOCAR's consolidated financial report for 2019.

According to the report, SOCAR obtained AZN 22.2 mln. from the sale of oil products last year.

"The highest increase in revenues of the Company has been recorded in natural gas sale with 25%, its reason is the growth of production in Shahdeniz-2 project and Umid field", noted in the information.

 

Emil Ismayilov

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