SOCAR paid 65 million AZN to Oil Fund

Gunel Abbasova
Author

Baku. 14 June. REPORT.AZ/ The State Oil Company of Azerbaijan (SOCAR) has repaid 675 million AZN loan debt this year.

Report informs, it is stated in the audited financial report of the company for 2017.

It was noted that during subsequent period the Group repaid its outstanding loans in the amount of AZN 417 (USD 245 million), AZN 6 (EUR 3 million) and AZN 187 (GEL 271 million) to several international and local banks and AZN 65 (USD 38 million) to SOFAZ.

Other News

Baku Stock Exchange signs listing agreement with Kazakhstan's JET Group 20 July, 2026 / 15:22
Azerbaijan's CBA, UK Chartered Insurance Institute move toward strategic partnership 20 July, 2026 / 12:39
CBA currency exchange rates (20.07.2026) 20 July, 2026 / 09:16
Ranking of banks in Azerbaijan by profit tax paid (January-June 2026) 18 July, 2026 / 17:17
Ranking of banks in Azerbaijan by interest income (January-June 2026 18 July, 2026 / 15:46
Ranking of banks in Azerbaijan by deposit portfolio size (01.07.2026) 18 July, 2026 / 15:17
Key indicators of world commodity, stock, and currency markets (18.07.2026) 18 July, 2026 / 09:39
Gold prices grow to $4,000 17 July, 2026 / 20:05
Azerbaijan, UnionPay discuss expansion of QR code payments 17 July, 2026 / 17:20
Moody's completes scheduled review of Azerbaijan's ratings 17 July, 2026 / 16:00
CBA currency exchange rates (17.07.2026) 17 July, 2026 / 09:44
Key indicators of world commodity, stock, and currency markets (17.07.2026) 17 July, 2026 / 09:03
ADB appoints new vice president 16 July, 2026 / 17:09
Azerbaijan Central Bank, IMF discuss inflation forecasts 16 July, 2026 / 13:27
CBA currency exchange rates (16.07.2026) 16 July, 2026 / 09:41
Key indicators of world commodity, stock, and currency markets (16.07.2026) 16 July, 2026 / 09:17
Azerbaijan, Pakistan depositories sign cooperation memorandum 15 July, 2026 / 18:00
Bessent: US Mint to issue gold coin featuring Trump 15 July, 2026 / 17:43
Azerbaijan, IMF discuss fiscal and institutional reforms 15 July, 2026 / 17:02
Azerbaijan, Slovakia mull combating digital fraud 15 July, 2026 / 16:04