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SOCAR's most part of income falls to oil products in 2010

Oil&Gas Materials 30 July 2011 16:39

Azerbaijan, Baku, July 30 / Trend /

SOCAR's large portion of the proceeds was formed by selling clean oil products in 2010 and hit about 1.75 billion manat compared to more than 1.5 billion manat in 2009, SOCAR's 2010 financial report, published on its website, said.

The revenues from sales of petrochemical products amounted to over 1.65 billion manat compared to about 1.07 billion manat in 2009.

SOCAR's revenues from the sale of oil in 2010 amounted to over 1.16 billion manat compared to more than 939 million manat in 2009. The company got revenues from the sale of gas to the amount of more than 766.7 million manat compared to about 550 million manat in 2009.

SOCAR's other income last year amounted to more than $199.5 million.

SOCAR's total revenues last year hit about 5.53 billion manat compared to about 4.2 billion manat.

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