Of the 86.309 billion manats ($50.8 billion) in sales revenue earned by the State Oil Company of Azerbaijan (SOCAR) in 2025, 50.582 billion manats ($29.8 billion), or 58.6%, came from Switzerland, Report informs, citing the company's financial statements.
This represents a 6.1% decrease compared with 2024.
Last year, SOCAR's main operating revenue in Türkiye amounted to 16.510 billion manats ($9.7 billion), up 71.1% from the previous year.
During the reporting period, SOCAR's revenue from sales in Azerbaijan increased by 66.7% to 13.682 billion manats ($8 billion).
In 2025, revenue from sales in the United Arab Emirates decreased 8.7 times to 1.014 billion manats ($596.5 million), while revenue from sales in Georgia rose by 6.9% to 1.664 billion manats ($978.8 million).
Revenue from sales in other countries increased by 10.5% to 2.857 billion manats ($1.7 billion).
https://report.az/en/energy/socar-s-revenue-from-turkiye-operations-rises-by-71