SOCAR expected to pay AZN450 million in dividends next year

Tunjay Turbandazada
Author

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.

Other News

Silver futures top $70 an ounce, setting new record on Comex 23 December, 2025 / 09:40
CBA currency exchange rates (23.12.2025) 23 December, 2025 / 09:27
Key indicators of world commodity, stock, and currency markets (23.12.2025) 23 December, 2025 / 09:07
Gold futures hit record above $4,500 an ounce on Comex 23 December, 2025 / 08:54
Azerbaijan, Türkiye discuss financial inclusion for persons with disabilities 22 December, 2025 / 17:15
Azerbaijan Railways to issue $30 million in bonds 22 December, 2025 / 16:52
Prime Minister: Azerbaijan and Türkiye are each other's largest investors 22 December, 2025 / 16:28
Zamir Iqbal: IsDB ready to co-finance projects, support TIF sukuk issuance 22 December, 2025 / 12:56
Baku Metro posts higher loss in 2024 despite rising revenues 22 December, 2025 / 11:46
EBRD loan portfolio in Azerbaijan reaches €906M as of late November 2025 22 December, 2025 / 10:45
CBA currency exchange rates (22.12.2025) 22 December, 2025 / 09:43
Azerbaijan boosts direct investment in Türkiye in January–September 20 December, 2025 / 16:36
Azerbaijan boosts direct investment in Russia in January–September 20 December, 2025 / 16:03
Azerbaijan doubles direct investment in UK economy 20 December, 2025 / 14:36
Key indicators of world commodity, stock, and currency markets (20.12.2025) 20 December, 2025 / 09:32
Bank of Japan raises benchmark rates to highest in 30 years 19 December, 2025 / 10:48
CBA currency exchange rates (19.12.2025) 19 December, 2025 / 09:53
Key indicators of world commodity, stock, and currency markets (19.12.2025) 19 December, 2025 / 09:09
Evgeny Vinokurov: Central Asia's total GDP to exceed $600B in 2025 18 December, 2025 / 17:34
EDB proposes 8 investment areas for Eurasian region 18 December, 2025 / 16:33