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SOCAR allocations to the budget grow on 51, 2% this year

Oil&Gas Materials 19 April 2006 15:37 (UTC +04:00)

The State Oil Company (SOCAR) of Azerbaijan has allocated 171m 115.000 AZM to the state budget this year. This is in 57m 915.000 AZM (51, 2%) more than in the 3 months of the last year, SOCAR told Trend.

More than 1957.200 tons of oil have been extracted by SOCAR both offshore and onshore this year and 947.71 m m3 of gas.

There are 57oil and gas fields in Azerbaijan, 18 of them are offshore, and the rest are onshore. SOCAR employs 59170 staff today.

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