Consolidated revenues of the State Oil Company of Azerbaijan (SOCAR) for the end of 2019 amounted to 83 billion 752 million manat ($49 266 mln).
92.7% of the revenues were generated in foreign markets, and 7.3% – in the domestic market of Azerbaijan.
According to the SOCAR report, from the operations in Turkey, the company’s revenues in 2019 increased 1.88 times, amounting to 9 billion 377 million manat.
SOCAR income table by countries (in million manat):
| Countries | Income in 2019 | Income in 2018 |
| Switzerland | 63 735 | 94 503 |
| Turkey | 9 377 | 4 972 |
| Azerbaijan | 6 145 | 6 626 |
| UAE | 1 722 | 2 352 |
| Georgia | 1 172 | 1 124 |
| Others | 1 601 | 1 621 |
| Total | 83 752 | 111 198 |
Caspian Barrel
