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SOCAR Announced Budget Transfers in January-November

Oil&Gas Materials 6 December 2006 19:12 (UTC +04:00)

Over the period of January-November 2006, the State Oil Company of Azerbaijan (SOCAR) transferred AZN 665,771 to the state budget. This is an increase by AZN 172,950 from the same period of the last year, Trend reports with reference to SOCAR.

November of this year, SOCAR transferred AZN 41,899 to the state budget. This is a decrease by AZN 17,116 in comparison with last year.

January-November, AZN 47,075 was transferred to the State Fund for Social Protection of Population, an increase by AZN 4,415 from the last year.

Summary table of the budget transfers of SOCAR:

In thousand AZN

Months

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

October

52 552

60 260

7 708

November

59 015

41 899

-17 116

Total

492 821

665 771

172 950

Transfers to State Social Protection Fund

to State Social Protection Fund

January-November

27 314

47 075

19 761


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