Baku: Funds amounting to 32.3 billion manats were received into SOCAR's currency and settlement accounts last year, APA-Economics reports. This substantial financial influx was outlined in the 'Report on the activities of the Cabinet of Ministers of the Republic of Azerbaijan for 2025,' which was reviewed during today's session of the Milli Majlis.
According to Azeri-Press News Agency, the report revealed that SOCAR's capital investments reached 954.1 million manats in 2025. The report also highlighted that in the same year, SOCAR produced 7.1 million tons of oil and 7.8 billion cubic meters of gas. Of this production, 2.5 million tons of oil and 2.9 billion cubic meters of natural gas were exported, with the entire volume of exported oil transported through the Baku-Tbilisi-Ceyhan pipeline.
The report further noted that total revenues from oil and gas exports amounted to 1.7 billion US dollars, emphasizing the significant role of SOCAR's export activities in the country's economy.