STOCKS OF OIL AND OIL EXTRACTING IN AZERBAIJAN: THE CURRENT STATE AND DEVELOPMENT TENDENCIES


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Abstract

It is considered expedient to have reliable sources of financing for extraction of the maximum benefit from export possibilities of the oil-extracting industry finally to get profit on the high prices and to be insured from harmful consequences of the prices for the oil, dictated on the world market. In article the current state of petroleum industry of Azerbaijan is analyzed, influence of the prices on oil in the world market on national economy is estimated.

About the authors

Huseynaga Gasanaga oqlu Rahimov

Institute of economy National Academy Sciences of Azerbaijan, Baku

Author for correspondence.
Email: h_rehimov@yahoo.com

the doctoral candidate 

Azerbaijan

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