Azerbaijan’s petrodollars to peak in 2009-2011

Azerbaijan’s petrodollars to peak in 2009-2011
# 01 November 2006 12:54 (UTC +04:00)
He said the volume of revenues depends on oil price and production in the world.
“Azerbaijan has developed three scenarios to manage the long-term and medium-term revenues. The scenarios envisage three oil price rates at US$ 40, $50 and $60. The petrodollars are estimated at between $8bn and 15bn,� he said.
He also said the dividends from Baku-Tbilisi-Ceyhan will hit $80m next year, of which $15m will be received by Azerbaijan. /APA/
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