tag:blogger.com,1999:blog-5660834.post6434215540204741993..comments2023-10-06T04:47:29.028-04:00Comments on Independent Armenia - Ազա՛տ, Անկա՛խ Հայաստան: AIOC estimated cash flows to Azerbaijan, 2008.Unknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5660834.post-6862356485928634262010-01-17T18:45:58.565-05:002010-01-17T18:45:58.565-05:00This is a great article as they all are. I from be...This is a great article as they all are. I from been wondering about this as some beat now. Its notable to grow this info. You are fair and balanced.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5660834.post-6801658674274037982010-01-09T11:01:17.686-05:002010-01-09T11:01:17.686-05:00Bookmarked this. Thanksgiving owing to you after s...Bookmarked this. Thanksgiving owing to you after sharing. Positively worth my time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5660834.post-11774360208961223112008-04-22T14:50:00.000-04:002008-04-22T14:50:00.000-04:00Garen, I looked at the table and you are right - ...Garen, I looked at the table and you are right - I had written annual instead of daily output of 800,000. The annual estimated production is 292 million barrels of oil (365 days a year).Ankakh_Hayastanhttps://www.blogger.com/profile/05325640735361093139noreply@blogger.comtag:blogger.com,1999:blog-5660834.post-5286925852629296352008-04-22T13:48:00.000-04:002008-04-22T13:48:00.000-04:00Apart from a minor mistake, this is an interesting...Apart from a minor mistake, this is an interesting breakdown. Thanks.<BR/><BR/>But,ha-ha ... you're definitely missing some "Zeros" ;)<BR/>Azeri oil production for 2008 is planned to be 800,000-1,000,000 bbl/day (PER DAY!)<BR/>...so I guess you should multiply that figure by 365 days (in conservative estimates)<BR/><BR/>Extracting this much oil at such a ridiculous rate, WHILE peak oil, tumbling dollar, ever rising crude prices, collapsing financial and mortgage markets, globally rising food prices etcetera etcetra, are sending shivers across the markets... is probably one of the most stupid (in the long-run) economical policies I've ever seen. But hey, they need to keep pumping the military machine, eh? ...Ilham, the watermelon-trader, has just announced 53% rise in military expenditure, while the real GDP of the country rose by only 25% (the rest was inflation 11-14% and manat appreciation)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5660834.post-26427779893895122782008-04-22T10:37:00.000-04:002008-04-22T10:37:00.000-04:00No, I don't think we are missing a decimal point. ...No, I don't think we are missing a decimal point. <BR/><BR/>This is my calculation of the cash flows from the Azeri, Gunashli and Chirag oil fields that goes to the Azeri government in form of payments to SOCAR and taxes collected by the Azeri government based on the data and good faith estimates I have. The production costs include the Azeri citizens who get paid which injects money into the economy and multiplies. Some of it gets taxed by the Azeri government.<BR/><BR/>There are other hydrocarbon projects going on in Azerbaijan but I don't have data to analyze them.Ankakh_Hayastanhttps://www.blogger.com/profile/05325640735361093139noreply@blogger.comtag:blogger.com,1999:blog-5660834.post-64051662110946985802008-04-22T01:19:00.000-04:002008-04-22T01:19:00.000-04:0023-27 million per year? that's not a high amount. ...23-27 million per year? that's not a high amount. <BR/>with week dollar an high oil prices I would sat that is very small amount. <BR/><BR/>Am i missing some zeros?Anonymousnoreply@blogger.com