SOCAR pays $850 million in taxes to the state budget of Azerbaijan in 2021

“In 2021, SOCAR paid taxes to the state budget of Azerbaijan in the amount of 1.45 billion manats ($850 million) against the figure of 2020 in the amount of 1.39 billion manats,” SOCAR spokesman Ibrahim Ahmadov said.

Thus, in 2021, the volume of tax deductions from SOCAR increased by 4.3% compared to the previous year.

Caspian Barrel