SOCAR Reduces Long-Term Liabilities by 22.5%

11:05 - 27.08.2026


August 27, Fineko/abc.az.The State Oil Company of Azerbaijan Republic (SOCAR) strengthened its balance sheet in 2025, lowering its long-term liabilities by 22.5%. The company's long-term financial burden fell from 24.2 billion manats to 18.7 billion manats, representing a reduction of roughly 5.5 billion manats.

Over the year, total assets grew by 2.3% to 96.85 billion manats, while current assets increased by 7.4% to 30.56 billion manats. Consequently, SOCAR's total assets exceeded its total liabilities by 49.93 billion manats.