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SOCAR increases budget transfers

SOCAR increases budget transfers

12 April 2012 13:18 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. State Oil Company of Azerbaijan (SOCAR) paid AZN 126.608 million to the state budget in March, 2012, up 68.1% compared to 2011.

The company said in general SOCAR also transferred AZN 322.422 million to the state budget during January-March, 2012, up 23.9% compared to 2011.

SOCAR paid AZN 11.882 million to the SSPF in March, 2012, up 20.4% from year earlier. In general, the company paid AZN 35.6 mln to the SSPF during January-March, up 18% compared to 2011.

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