N

Revenues

Amount
(in thousand manats)

1

Proceeds from sales of the Republic of Azerbaijan’s share of hydrocarbons (exclusive of hydrocarbons’ transportation costs, banking expenses, customs costs, independent surveyor, marketing and insurance costs, and also exclusive of the revenues from the SOCAR’s share in the projects of which it is an investor, shareholder or partner)

1429724,2

2

Acreage fees by the foreign investors for use of the contract areas in connection with the development of hydrocarbon resources

5 561,6

3

Revenues generated from oil and gas transit over the territory of the Republic of Azerbaijan

14 620,0

4

Oil and gas agreement signature and/or performance bonuses paid by investors to the State Oil Company or an authorized state body

17 200, 0

5

Other revenues

200,0

6

Revenues from management of SOFAZ’s assets

55, 067,4

7

Revenues from the price difference between the contract value and domestic wholesale price of exported oil

33 366, 4

Total

1555739,6

N

Directions of expenditures

Amount
(in thousand manats)

1

The expenditures for financing some projects concerning solution of the social and settlement problems of the refugees and internally displaced persons

124 161,0

2

Transfer to 2007 State Budget of the Republic of Azerbaijan

585 000,0

3

Financing construction of the Oguz-Qabala-Baku water supply system

183 620,0

4

Financing the reconstruction of the Samur-Absheron irrigation system

76 900,0

5

Oil Fund's operating expenditures

7 385, 9

Total

977 066,9