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State Oil Company Increases Contribution to Public Budget

Oil&Gas Materials 12 October 2006 12:07 (UTC +04:00)

During January-September 2006 the State Oil Company of Azerbaijan transferred 563,339 AZN to the State Budget, an increase of 182,085 AZN, Trend reports.

In September 2006 SOCAR transferred to Budget 76,290 AZN, 2,264 AZN more than last year.

A total of 37,147 AZN has been transferred to the State Social Security Fund in January - September, or 15,714 AZN more than in 2005.

The summary table of SOCAR's contributions to the State Budget is as follows:In AZN

Month

2005

2006

Difference

fact

fact

fact (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

August

39 684

73 335

33 651

September

74 026

76 290

2 264

Total

381 254

563 339

182 085

Transfer to State Social Security Fund

January to September

21 433

37 147

15 714

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