SOCAR increases investments in joint ventures by 4% 

As of July 1, 2023, the investments made by the State Company of Azerbaijan (SOCAR) in the joint ventures stood at 6.045 billion manats ($3.56 billion), up 3.8% from the previous year, Report informs, citing the company’s half-yearly financial statement.

As of late June 2023, SOCAR's investments in joint ventures accounted for 8.6% of its assets, while this figure was 7.2% a year earlier.