TODAY.AZ / Business

Oil price fall poses no problem for Azerbaijan

20 January 2007 [14:18] - TODAY.AZ
"It is not forecasted to what level the oil prices are going to plunge," the Executive Director of the State Oil Fund, Shahmar Movsumov said.

He thinks the continuing price fall will not pose any problem for Azerbaijan.

"Oil revenues were set at $50 in the 2007 Budget. I don't think there will appear any problem with the figure this year," he said, APA reports


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