SOCAR named Georgia’s largest investor and taxpayer
By Jamila Babayeva
Azerbaijan's state oil company SOCAR has been nominated on three positions at a competition held by the Georgian Association of Oil Product Importers and Distributors.
The representatives of the Georgian government and businessmen attended the event dedicated to summarizing the petroleum products sector's results in 2013 on February 14.
SOCAR won in following the nominations: the largest taxpayer of 2013 among oil companies; the largest investor among oil companies; the company involved in the most important social projects.
The amount SOCAR Georgia Petroleum transferred to the state budget of Georgia in 2013 amounts to 129,457,626 GEL. SOCAR has contributed 1,123,824,431 GEL taxes in the state budget of Georgia since 2006.
The official exchange rate of GEL to USD is $1= GEL 1.7301
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!