AZN 16B transferred to SOCAR’s accounts in authorized banks

AZN 16B transferred to SOCAR’s accounts in authorized banks
# 20 September 2017 14:27 (UTC +04:00)

According to him, SOCAR’s revenues and profit before interest and amortization costs made up AZN 33,103,000,000 and AZN 3,132,000,000 in 2015, AZN 51,905,000,000 and AZN 4,741,000,000 in 2016.

Money transfers to SOCAR’s accounts in the authorized banks amounted to AZN 17,173,120,000, of which AZN 1,229,720,000 came from export of crude oil (excluding profit oil on PSA), gas, oil and gas and chemical products, AZN 3,004,890,000 from sale of products in the domestic market. In 2016, AZN 1,395,460,000 was transferred to the state budget, AZN 144.43 million to the State Social Protection Fund and AZN 8,454,520,000 to SOFAZ.

These indicators were AZN 15,602,600,000 in eight months of 2017, of which AZN 918.45 million came from export of crude oil (excluding profit oil on PSA), gas, oil and gas and chemical products, AZN 2,442,410,000 from sale of products in the domestic market. In the reporting period, AZN 1,048,350,000 was transferred to the state budget, AZN 99.83 million to the State Social Protection Fund and AZN 7,759,490,000 to SOFAZ.

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