Baku 29° C
SOCAR expected to pay AZN450 million in dividends next year
Finance
- 04 November, 2025
- 11:33
The State Oil Company of Azerbaijan (SOCAR) is projected to pay 450 million manats ($264.7 million) in dividends to the state budget in 2026, Report informs.
As indicated in the opinion of the Azerbaijani Chamber of Accounts on the draft law on the state budget for 2026, this figure is 12 million manats (just over $7 million), or 2.6%, less than the approved forecast for 2025.
Author
Latest News
16:19
Ceuta mayor: Up to 10,000 migrants remain in the city
Other countries16:06
Cargo vessel hit by unknown projectile off Yemen
Other countries15:51
ADB supports Azerbaijan Airlines in identifying areas for improving ESG reporting
Infrastructure15:17
Oman-Iran talks on management of Strait of Hormuz reach advanced stage
Other countries15:01
Poland to establish Europe's largest Apache helicopter service center
Other countries14:45
Houthis attack vessel in Bab el-Mandeb Strait, three crew members killed
Other countries14:40
Latvia finds tunnel under Belarus border, vows to combat people smugglers
Other countries14:25
Armenia says there is no way out of impasse with CSTO
Region14:18
Photo