In 2013, SOCAR’s oil income grew over 2 times
Edited by Rhod Mackenzie / 2014-07-11 10:30:12
By results of 2013, SOCAR’s income from the sale of oil made up 25.32 billion manats as compared with about 10.13 billion manats in 2012.
In the previous year, the total revenues of SOCAR amounted to 38.43 billion manats against 17.14 billion manats in 2012.
8.95 billion manats of the total amount (in 2012 - 3.32 billion manats) came from the proceeds of the sale of oil products, and 1.85 billion manats (2.03 billion in 2012) - from petrochemical products. In 2013, SOCAR earned $ 1.4 billion manats due to sale of gas (1.12 billion in 2012), and 909 million manats fell on other incomes of the company (558 million manats in 2012).