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Oil in Azerbaijan’s 2011 State Budget may be $60 a Barrel

The price of oil noted in the state budget may make up $60 per barrel in 2011, Azerbaijan’s Deputy Finance Minister Azer Bayramov said Tuesday, reports News.az

According to Bayramov, in the first half of 2010, Azerbaijan’s state budget revenue made 102.6% while the expenses rose sharply, reports APA news agency.