BAKU, Azerbaijan, Oct.21
By Leman Zeynalova – Trend:
Actual capital investment within Azerbaijan’s state oil company SOCAR for 2020 was fulfilled to the extent of 1283627.8 thousand manats (63.6 percent), Trend reports with reference to the company.
Capital investment program within SOCAR for 2020 was planned to the extent of 2019674.1 thousand manats, including for drilling 277879.5 thousand manats, for construction 1652166.6 thousand manats, for equipment not to be installed 74628.0 thousand manats, geological exploration works 15000.0 thousand manats.
Actual capital investment within SOCAR for reporting period was fulfilled to the extent of 1283627.8 thousand manats (63.6 percent), including for drilling 299564.3 thousand manats (107,8 percent), for construction 904978.3 thousand manats (54.8 percent), for equipment not to be installed 64085.2 thousand manats (85.9 percent), geological exploration works 15000.0 thousand manats (100.0 percent).
As evident from the table, the handover of fixed assets within the SOCAR in 2020 made up 1367699.6 thousand manats that it is less to the extent of 338597.2 thousand manats as compared to 2019. The handover of fixed assets on drilling totaled to 696637.7 thousand manats that it is higher to the extent of 206482.1 thousand manats as compared to 2019. The handover of fixed assets on construction totaled to 519976.7 thousand manats that it is higher to the extent of 116800.3 thousand manats as compared to 2019.
Overhaul program for SOCAR was planned to the extent of 153044.0 thousand manats in 2020, but actually 143107.9 thousand manats (93.5 percent) was spent.
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