SOCAR ups budget payments

The State Oil Company of Azerbaijan (SOCAR) transferred AZN 126,056,000 to the State Budget in October, 2012. The company transferred a total of AZN 1,159,905,000 to the budget in January-October, an increase of AZN 77,099,000 in comparison with the same period last year.

SOCAR`s payments to the State Social Protection Fund amounted to AZN 12,880,000 in October, 2012, which is AZN 1,232,000 more than in 2011. The amount of SOCAR`s transfers to the State Social Protection Fund in January-October was AZN 131,577,000, a growth of AZN 19,922,000 against the same period previous year.


/AzerTAc/