№

Revenue sources

Amount (in thousand manats)

2.1.

Net income obtained from the sales of hydrocarbons falling into the share of Azerbaijan (excluding expenditures on transportation, customs clearance and banking services, independent surveyor services, marketing and insurance costs, as well as the shareholder incomes received by SOCAR in the capacity of investor, shareholder or partner in different projects it is a party to)

8 578 995.4

2.2.

Acreage fees paid by investors per land used for the exploitation of hydrocarbon reserve

5 283.6

2.3.

Revenues from the transit of oil and gas through the territory of the Republic of Azerbaijan

23 290.0

2.4.

Revenues obtained from the management of SOFAZ’s assets

1 216 792.9

2.5.

Bonus payments made by investors within the framework of signing or executing oil and gas contracts

765 340.0

Total revenues

10 589 701.9

№

Expenditure items

Amount (in thousand manats)

3.1.

Upper bound of transfers to 2021 State Budget of the Republic of Azerbaijan

12 710 000.0

3.2.

Financing of "The State Program for increasing international competitiveness of the higher education system of the Republic of Azerbaijan in 2019-2023"

27 836.0

3.3.

Financing the State Program envisaged by the Order of the President of the Republic of Azerbaijan No. 2931 dated September 30, 2021 “On expanding the educational opportunities of Azerbaijani youth in reputable foreign higher education institutions”

17 850.0

3.4.

Administrative expenses of the State Oil Fund of the Republic of Azerbaijan

33 988.6

Total expenses

12 789 674.6