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In 2008 prime cost of SOCAR gas production increases 0.5 percent

Oil&Gas Materials 16 November 2009 17:07 (UTC +04:00)

Azerbaijan, Baku, November 16 / Trend , E.Ismaylov /

In 2008, the total cost of trade gas of SOCAR (State Oil Company of Azerbaijan) was more than 196,4 million manat compared to about 148 million manat in 2007, the company's 2008 report said.

The prime cost of 1,000 cubic meters of gas was 27.89 manat compared to 27.75 manat in 2007.

Of the total production costs, 14.5 percent accounted for materials, 10.8 percent - wages, 25.7 percent - amortization costs, 19.7 percent - field tax, 0.6 percent - land tax, 2.7 percent - social spending.

Gas production expenditures (ths manat)

Expenditure cost

2008

Specific weight

2007

Specific weight

Expenditure on materials

33049

14,5

27185

16

Including:

- crude

- subsidiary materials

15228

6,7

11040

6,5

- fuel

11762

5,1

10534

6,2

- energy

6059

2,7

5611

3,3

Wages

24588

10,8

20942

12,3

Social insurance payments

6226

2,7

4952

2,9

Amortization payments

58617

25,7

48802

28,6

Other expenses

105241

46,3

68620

40,2

Including:

- Field tax

44781

19,7

32880

19,3

- Land tax

1341

0,6

1663

0,9

- Other expenses

59119

26

34077

20

Prime cost of products

227721

100

170501

100

Expenses on internal turnover of products

31280

22686

Uncompleted production

Prime cost of trade products

196441

147815

Commercial costs

Total prime cost of trade products

196441

147815

Prime cost of 1,000 cu.m

27,89

27,75

Trade production, 1,000 cu.m

7043397,747

5327069,397

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