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 $15m will be received by Azerbaijan. /APA/
“Azerbaijan has developed three scenarios to manage the long-term and medium-term revenues. The scenarios envisage three oil price rates at US$ 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/
Fighting Sports
Azerbaijani wrestlers win license for Paris 2024 Olympic Games in full composition
20:33
7 April 2024
Azerbaijani wrestler wins a license for the Paris 2024 Olympic Games
19:30
7 April 2024
Athletes from 33 countries to participate in European Qualification Tournament in Baku
18:44
29 March 2024
Azerbaijan's national team refuses to attend Sambo World Cup to be held in Yerevan
15:28
27 March 2024