16:04 - 4.06.2019

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June 4, Fineko/abc.az. Revenues of the State Oil Company of Azerbaijan (SOCAR) from the sale of crude oil in 2018 increased by 3.3% (versus 2017) up to AZN 58.46 bn.

"In addition, Company's income from the sale of petroleum products in 2018 amounted to AZN 40.093 bn (a rise of 61.6%) and from the sale of petrochemical products AZN 3.894 million (rise: 0.3%)," SOCAR reported.

SOCAR's income from gas sales grew by 19.5% up to AZN 3.19 bn and other revenues totaled AZN 5.309 million (rise of 18.1%) for the past year.

Company’s total income amounted to AZN 111.198 bn in 2018.