24.11.2022,12:07
November 24, Fineko/abc.az. The price limit that European countries will impose on the price of Russian oil will also have an impact on the price of Azerbaijani oil.
ABC.AZ reports that Economy & Entrepreneurship Committee’s chairman, MP Tair Mirkishili who made this statement added that inflation in Azerbaijan will be 6.9% in 2023. The price of oil in the budget is envisaged at the level of $50.
Currently the price of Azerbaijani oil ranges within $90-100.
Mirkishili said that the setting of the oil price next year at $50 is linked with the oil market expectations.
Two important events took place in December from angle of energy security. Azerbaijan and Romania signed an agreement on gas supplies. Gas supply will start soon. Thus, Romania joins the group of countries of the Southern Gas Corridor.
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