By results of January-October, the transfers of the State Oil Company of Azerbaijan to the state budget of the country made AZN 1.159bn ($1.476bn).
According to sources in the company, the transfers have risen by 7,1% or AZN 77.099m over the same period of the last year.
In 10 months of this year SOCAR has also transferred AZN 126,056,000 to the State Fund of Social Protection. Transfers have increased by 17.8% or AZN 19,922,000 over the same period of the last year.
The transfers to the state budget made AZN 126,056,000 in October and to the state fund of social protection - AZN 12,880,000.
By results of 2011 the transfers to the state budget of the country made AZB 1,335,000,000 ($1,698,000,000. In addition, in 2011 SOCAR transferred AZN 134,509,000 to the State Fund of Social Protection.
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