In 2005 the direct price of the commodity gas made up 315.3m AZN at the SOCAR. The direct cost of oil was 39.99 AZN per ton, Trend reports citing annual report of the State Oil Company of Azerbaijan for 2005. Production expenses for per ton of oil increased 2.13 AZN (5.6%) in 2005 as compared to 2004.
12.9% of total expenses fell on wages, 2.9% - social needs, 3.9% - amortization, 19.1% financial, 27.4% - royalties, 1.9% - rents, 19.8% - other expenses.
The report noted that increase of the direct price was a result of rise of salaries and financial expenses (in particular, increase of the prices of energy resources). SOCAR said that wages for gas production rose by 8,900 AZN (27.4%) and material expenses for gas 6,791 AZN (12.5%).
The comparative table of the direct price of the SOCARs gas in 2005:
|
Expenses |
2004 |
2005 |
Difference, % |
|
Expenses for materials |
54415 |
61206 |
12,5 |
|
Including subsidiary materials |
33164 |
35581 |
7,3 |
|
Fuel |
9250 |
12126 |
31,1 |
|
Energy |
12001 |
13499 |
12,5 |
|
Wages |
32448 |
41348 |
27,5 |
|
Remittances for social security |
8495 |
9238 |
8,7 |
|
Amortization remittances |
52033 |
51346 |
-1,3 |
|
Other expenses |
159366 |
157669 |
-1,1 |
|
Royalties |
88890 |
88022 |
-0,9 |
|
Rents |
5845 |
6065 |
3,8 |
|
Other expenses |
64631 |
63582 |
-1,6 |
|
Total production expenses |
306757 |
320807 |
4,6 |
|
Expenses not included in gross product |
545 |
0 |
- |
|
Direct price of gross production |
306212 |
320807 |
4,8 |
|
Internal circulation expenses |
4108 |
4837 |
17,7 |
|
Full direct price of commodity product |
878 |
634 |
-27,8 |
|
Amortization remittances |
301226 |
315337 |
4,7 |
|
Other expenses |
192 |
0 |
- |
|
Royalties |
301418 |
315337 |
4,6 |
|
Direct price of per ton of oil in AZN |
37,86 |
39,99 |
5,6 |
|
Total production |
8050108,000 |
7973329,000 |
-1,0 |
|
Commodity production |
7960947,041 |
7885916,452 |
-0,9 |