MP: “Base oil price in 2015 state budget should not exceed $90”

MP: “Base oil price in 2015 state budget should not exceed $90”
# 19 September 2014 14:26 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Base price of oil in the state budget for 2015 should not exceed $90.

Member of Economic policy committee of the Azerbaijani Parliament Vahid Ahmadov told APA-Economics that certain change toward decline will be recorded in oil price in 2015.

“As we know, the western countries impose sanctions against Russia. One of these sanctions is decline of oil price. I think that the oil price will decline next year and average price will make $80-85 a barrel. Therefore, base oil price in the state budget should not exceed $90 for not to face problems”, V. Ahmadov said.

The MP added that if the price exceed $90, the state budget may be reconsidered in May-June, annexes and amendments can be made to it.

2015 state budget has been sent to the Cabinet of Ministers for discussion.

#
#

THE OPERATION IS BEING PERFORMED