News Archive

11 September 2017

SOCAR’s budget payments for August 2017

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SOCAR paid AZN 133 million 782 thousand to the State Budget for August of the current year that is AZN 17 million 321 thousand (14,9%) more than the same period of 2016. In general, for January-August 2017, SOCAR transferred AZN 1 billion 48 million 348 thousand (AZN 142 million 946 thousand or 15,8% more than the same period of 2016) to the State Budget.

Besides, the Company’s payment to the State Social Protection Fund amounted AZN 12 million 575 thousand in August. As a whole, the January-August payments to State Social Protection Fund totalled AZN 99 million 826 thousand (AZN 5 million 479 thousand or 5,8% more than the same period of 2016).