Azerbaijan, Baku, April 12 /Trend E.Ismayilov/
State Oil Company of Azerbaijan (SOCAR) has made contributions to the state budget of more than 322.4 million manat in January-March, which is 62.25 million manat (23.9 percent) more compared to the same period last year, SOCAR said on Thursday.
SOCAR includes the Azneft production association (the companies producing oil and gas on and offshore), the Azerkimya industrial association (chemical enterprises) and Azerigaz industrial association (gas distribution).
SOCAR is the only producer of oil products in the country (it has two refineries on its balance sheet) and also owns petrol stations in Azerbaijan, Georgia and the Ukraine. Last year SOCAR purchase network of gas filling stations in Switzerland. SOCAR is co-owner of the largest Turkish petrochemical complex Petkim. The company carries out oil trade in various regions of the world through SOCAR Trading.