SOCAR's debt totals AZN 21.37 bn

12:01 - 8.07.2022

July 8, Fineko/abc.az. As of 31 December 2021, SOCAR's total debt amounted to AZN 21.366 bn.

Compared with the end of 2020, SOCAR's total debt in 2021 grew by AZN 4.237 bn, or 24.7%, ABC.AZ informs with reference to company's report.

As of 31 December 2020, SOCAR's total debt reached AZN 17.129 bn.

AZN 15.5 bn of the AZN 21.366 bn SOCAR debt accounted for long–term and AZN 5.865 bn for short-term debts. The short-term debts must be repaid by the end of 2022.

The deadline for repayment of long–term debts is 2023-2030.

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