SOCAR’s payments to state budget decreased by 22%

From January to June 2015 State Oil Company of Azerbaijan (SOCAR) has transferred 874,255,000 AZN to the state budget. The payments to the state budget decreased by 243,348,000 AZN or by 21.8% against the same period last year.

            SOCAR’s press office reported that in July 2015 145,525,000 AZN has been paid to the state budget, down 2.52% or 3,769,000 AZN against July last year.

            Last year SOCAR transferred 11,173,000 AZN to the State Social Security Fund, down 88,000 AZN or 0.78% against the same period last year. Total of 83,498,000 AZN has been transferred to the State Social Security Fund during 7 months, 2015.

            In 2014 SOCAR transferred 1,855,230,000 AZN to the state budget, up 280,793,000 AZN or 17.8% against 2013 (1,574,000,000 AZN).