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State Oil Company increased contribution to state budget

Oil&Gas Materials 8 September 2006 18:49 (UTC +04:00)

During January-August 2006 the state Oil company of Azerbaijan transferred 486927 thous AZN to the state budget, up 179 699 thous AZN, Trend reports with reference to SOCAR.

In August 2006 SOCAR transferred to budget 73 335 thous AZN, up 33651 thous AZN over year.

32502 Thous AZN has been transferred to the State Social Security Fund in January-August, up 13805 thous AZN over year.

The summary table of SOCARs contributions to the state budget:

month

2005

2006

Difference

fact

fact

fact (2006-2005)

(2006-2005)

January

26823

39559

12736

February

29447

63935

34488

March

56903

67621

10718

April

27762

60041

32279

May

37738

48417

10679

June

73 166

50 435

22731

July

38 436

60 524

22 088

Augut

39 684

73 335

33 651

total

307 228

486 927

179 699

Transfer to State Social Security Fund

January-August

18697

32502

13805

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