• Our products
  • Trend Media Service
  • News terminal

Media service

  • Trend Media Service

For clients

  • How to subscribe
  • Instant paid access
  • Support service

Ads placement

  • Banner platforms on the website

Company

  • About company
  • Vacancies

Communications

  • Reference
  • Achievements

Trend in social networks

  • Facebook
  • Twitter
  • Youtube
  • Telegram
  • RSS
  • IOS
  • Android

Our services

  • Trend News Terminal
  • Trend Daily News
  • Caspian Oil & Gas Trend’s
  • Monthly Azerbaijan Business Monitoring
  • Weekly Azerbaijan Business Monitorings
  • Caspian, Turkey Building & Logistics Monitoring
  • Azerbaijan Energy Projects Review
  • Trend Banking Analytics
  • Iran Energy Economy Review
  • Central Asia Economic Business Monitoring
  • Weekly Tenders Report
  • Azerbaijan non-oil Review
  • Azerbaijan Monthly IСT Monitoring
  • Regional Finances

Media

  • Trend Politics
  • Trend Society
  • Trend Economy
  • Trend Energy
  • Trend ICT
  • Trend Tourism
  • Trend Culture

Contacts

  • Bakhtiyar Vahabzade Str., 14, Baku, Azerbaijan, AZ1141.
  • sales@trend.az
  • + 994 12 437-12-68
ORDER TRIAL VERSION
  • RU
  • AZ
  • EN
  • TR
  • FA
  • Login
  • Sign up
Trend.Az
  • Latest
  • Azerbaijan
    • Politics
    • Business
    • Nagorno-Karabakh conflict
    • Society
    • Other News
  • Business
    • Oil&Gas
    • ICT
    • Economy news
    • Tenders
    • Tourism
  • Iran
    • Nuclear Program
    • Politics
    • Business
    • Society
  • Central Asia
    • Kyrgyzstan
    • Kazakhstan
    • Turkmenistan
    • Tajikistan
    • Uzbekistan
  • South Caucasus
    • Armenia
    • Georgia
  • World
    • Turkey
    • Europe
    • US
    • Russia
    • Israel
    • China
    • Arab World
    • Other News
  • Analysis
  • Latest
  • Azerbaijan
    • Politics
    • Business
    • Nagorno-Karabakh conflict
    • Society
    • Other News
  • Business
    • Oil&Gas
    • ICT
    • Economy news
    • Tenders
    • Tourism
  • Iran
    • Nuclear Program
    • Politics
    • Business
    • Society
  • Central Asia
    • Kyrgyzstan
    • Kazakhstan
    • Turkmenistan
    • Tajikistan
    • Uzbekistan
  • South Caucasus
    • Armenia
    • Georgia
  • World
    • Turkey
    • Europe
    • US
    • Russia
    • Israel
    • China
    • Arab World
    • Other News
  • Analysis
  • Trend Photo
  • Home
  • Azerbaijan
  • Business

SOCAR increases contributions to state budget by almost 25 percent

7 September 2014 19:35 (UTC+04:00)
  • 0
  • 0

Baku, Azerbaijan, Sept. 6

By Emil Ismayilov - Trend:

Some 23.6 percent of the total amount of funds transferred to the state budget in the form of taxes fell on the SOCAR Company (State Oil Company of Azerbaijan) in 2013, stated the report on the sustainable development of SOCAR published on the website of the State Oil Company.

Of more than 6.66 billion AZN listed in the state budget in the form of taxes, more than 1.57 billion AZN fell on the SOCAR Company last year, according to the report.

SOCAR includes Azneft (production association of companies producing oil and gas on land and sea), Azerkimya (production association of chemical industry enterprises) and Azerigaz (production association of gas distribution enterprises).

SOCAR is the only producer of oil products in the country (it has two refineries on its balance sheet) and also owns petrol stations in Azerbaijan, Georgia, Ukraine, Romania, and Switzerland.

Follow Trend on Telegram. Only most interesting and important news

  • Tags:
  • SOCAR
Azernews Newspaper
Related news
Terms of future drilling at Azerbaijan’s Absheron gas field announced
Oil&Gas 20 April 07:03
SOCAR reduces emissions of carbon dioxide from its projects
Oil&Gas 19 April 09:44
Italy's Edison to buy gas from Azerbaijan's Shah Deniz (PHOTO)
Oil&Gas 18 April 20:01
Azerbaijani-UK JV passes state registration
Oil&Gas 18 April 11:14
BHOS to host international forum
Oil&Gas 17 April 15:30
SOCAR ups oil export by 13%
Oil&Gas 16 April 18:20
SOCAR talks on development of new fields
Oil&Gas 16 April 17:57
SOCAR reveals drilling plans on biggest Azerbaijani field
Oil&Gas 16 April 16:31
SOCAR ups drilling volume since early 2018
Oil&Gas 16 April 15:06
SOCAR’s gas output up
Oil&Gas 16 April 15:00
SOCAR keeps oil production at stable level in Jan.-March
Oil&Gas 16 April 14:39
SOCAR’s enterprise to buy equipment via tender
Tenders 15 April 11:28
BP to extend work on providing long-term oil & gas production in Azerbaijan
Oil&Gas 11 April 17:54
Oil pumping via Baku-Novorossiysk pipeline continues
Oil&Gas 10 April 14:25
SOCAR names volume of gas export to Georgia
Oil&Gas 10 April 07:07
SOCAR commissions over 1,200 wells in 15 years
Oil&Gas 6 April 21:07
SOCAR Trading more than doubles oil sale
Oil&Gas 6 April 20:49
About 15% of Azerbaijan's non-oil exports account for SOCAR
Economy news 6 April 19:16
Most popular
Turkey’s Central Bank transfers its gold reserves from US to Turkey
Turkey’s Central Bank transfers its gold reserves from US to Turkey
Ankara takes action against expected US sanctions
MP: Armenian gov't led country to deadlock with its aggressive policy
Kazakhstan amends agreement with US on cargo transit to Afghanistan
Commentary
Protests in Armenia might again end in nothing

Protests in Armenia might again end in nothing

Ankara takes action against expected US sanctions
Why does Turkey need snap elections?
Azerbaijan to create better conditions for fintech companies
Trend.Az
  • About
  • Our Team
  • Our products
  • Trend Media Service
  • Info Service
  • News archive
Contacts
14, Bakhtiyar Vahabzade, Baku, Azerbaijan, AZ1141
+(994 12) 497-31-72
news@trend.az
+(994 12) 497-30-89
© 2018 Trend News Agency
Terms of use
  • counter