Azerbaijan, Baku, July 12 /Trend E.Ismayilov/
SOCAR transferred 674.09 million manat to the state budget in Jan.-June, or 126.14 million manat (23 percent) more than in the same period of last year, SOCAR said on Thursday.
According to the report, SOCAR transferred about 77.77 million manat to the State Social Protection Fund in January-June, or 12.32 million (18.8 percent) more than in the same period of last year.
SOCAR includes production association Azneft (companies producing oil and gas on land and sea), Production Association Azerkimya (chemical industry), production association Azerigas (gas distribution).
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 and Romania. SOCAR possesses a network of petrol stations in Switzerland. SOCAR is co-owner of the largest Turkish petrochemical complex Petkim.
Official exchange rate on July 12 is 0.7855 AZN/USD