Baku 26° 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
23:53
Iran attacks Thai-flagged ship in Hormuz
Region23:38
US sending dozens of refueling aircraft to Israel ahead of potential attack on Iran
Other countries23:15
Iran's Chahbahar port surveillance tower destroyed: CENTCOM
Other countries22:53
Dan Jorgensen: EU aims to double electrification level by 2040
Other countries22:35
Brent crude price exceeds $88 per barrel
Energy22:15
Hoekstra: EU aims to turn emissions market into source of investment
Other countries21:56
8 dead, 34 missing after mountain collapse hits China's Chongqing
Other countries21:35
Photo
Court of Appeal concludes defendant statements in Armenian citizens' case
Domestic policy21:15