SOCAR posts 62% growth in revenues from sale of petroleum products

SOCAR posts 62% growth in revenues from sale of petroleum products SOCAR increased revenues from the sale of petroleum products by 3.3% to AZN 58.462 billion in 2018, up AZN 40.093 billion or 61.6% in comparison to a year earlier, Report informs citing SOCAR’s consolidated financial statement for 2018.
Energy
June 4, 2019 17:34
SOCAR posts 62% growth in revenues from sale of petroleum products

SOCAR increased revenues from the sale of petroleum products by 3.3% to AZN 58.462 billion in 2018, up AZN 40.093 billion or 61.6% in comparison to a year earlier, Report informs citing SOCAR’s consolidated financial statement for 2018.

Revenues from the sale of natural gas amounted to AZN 3.191 billion, up 19.5% by contrast to a year earlier. 

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