Increased production and oil revenues

Oil revenues (billions of dollars)

Azerbaijan will report oil revenues later this month.

Revenues from crude oil make up 37 of the state's total revenues in the budget.

Surging oil prices are draining our foreign exchange revenues.

Favourable growth rates experienced in non oil sector activities compensated partially for the drop in oil revenues.

Despite stagnating oil prices, Saudi Arabia managed to increase its oil revenues by 10.7 per cent by raising the level of oil output.

A decline in oil revenues could be devastating to the fledgling Iraqi government.

The fight to control oil and gas revenues is paramount in this regard.

A decline in oil revenues could be devastating to the fledgling Iraqi government. Current oil revenues are barely enough to cover state expenses, let alone pay for reconstruction, debt, and war reparations.

Over dependence on aid and oil revenues characterizes almost all the economies of WANA.

To combat the impact of such dependence, they spend oil revenues on other sectors, leaving the oil sector with little investment.

Using oil or natural gas for domestic electricity threatens oil and gas exports, which are the principle source of government revenues.

Indeed, with domestic oil consumption growing at a higher rate than production, government revenues from oil exports are already in decline.

Any surplus revenues from the sale of crude oil and gas are to be paid into the Oil Stabilization Fund (OSF).

Many oil exporting countries have also continuously not only in the recent period of higher oil prices recycled part of their oil revenues to the United States.

Oil prices softened abruptly in 1985 and have not recovered since, depressing the export revenues and government receipts of oil exporting countries.

Cameroon, for example, has depleted much of its oil, using the revenues overwhelmingly for consumption.

Those Governments experiencing increasing oil revenues, both from production and taxation, should invest sufficient portions of those revenues into research and development regarding sustainable and renewable energy.

Unfortunately, Chad, under the agreements linking it to the oil consortium, benefits from only a small proportion of the revenues resulting from its oil.

While the sharp rise in oil prices during 2004 led to windfall revenues for oil exporting countries, its impact on the global economy was limited.

Its economic stability is dependent on oil revenues, so it is here that Iran s rulers are vulnerable.

Under Iraq s constitution, the Kurdish region is entitled to 17 of the country s oil and gas revenues.

Before we used to just budget on whatever oil we bring in, because oil is the biggest, most revenue earning sector in the economy 70 percent of our revenues come from oil.

The Government of Southern Sudan suffers from serious financial constraints, owing to unrealistic assumptions about its oil revenues.

Reducing oil revenues by using less oil would also weaken other international troublemakers, actual and potential Hugo Chávez of Venezuela, for example, and Vladimir Putin of Russia.

Oil revenues can be controlled by the state to be used, in part, for social programs, as in Venezuela.

Current oil revenues are barely enough to cover state expenses, let alone pay for reconstruction, debt, and war reparations.

Notwithstanding booming oil and gas revenues, its infrastructure remains underdeveloped, and successful economic modernization is a long way off.

Thus, nuclear power will halt the decline in government revenues by freeing more oil and natural gas for export.

The new national budget has forecast a 40 drop in oil revenues compared to the previous year's projected figure.

If the world used less oil, Iran would become less threatening, because its radical rulers rely on oil revenues to purchase domestic support and pursue their regional goals.

In most other sub Saharan oil producing countries, continued higher oil revenues and increased public and private consumption are expected to sustain high GDP growth rates in 2005 2006.

During that same time, government revenues continued to be largely dependent on the oil industry and increased by only 4 .

The flight of human capital costs the government over 38 billion annually, two times the revenues received from selling oil.

As of 2010, oil income accounts for 80 of Iran's foreign currency revenues and 60 of the nation's overall budget.

Nevertheless, rehabilitation efforts require substantial financial and technical input, which cannot currently be met by oil revenues and donors combined.

By contrast, development in the Arab world, driven largely by oil revenues, has left the population under educated and economically marginalized.

While oil revenues depend on the level of oil prices, which is not expected to change significantly in 1993, revenues from tourism could be adversely affected by attitudes and acts hostile to tourists, which have already reduced the flow of tourists considerably in the last quarter of 1992.

Cameroon, for example, has depleted much of its oil, using the revenues overwhelmingly for consumption. As a result, its current level of consumption will be unsustainable when the oil runs out.

Bountiful resources such as oil are a bane for democracy in developing countries, because when a government gets the revenues it needs by selling oil, it doesn t need to collect taxes.

High oil prices have created huge export revenues for Middle Eastern governments, which still want to park their earnings in American assets.

Oil revenues are calculated based on the average price of 37.50 per barrel at the US Dollar conversion rate of 9,500 Rials.

Others include deep rooted social issues pertaining to the administration of the national capital and the determination and allocation of oil revenues.

Revenues In 2004, about 45 percent of the government's budget came from exports of oil and natural gas revenues, although this varies with the fluctuations in world petroleum markets and 31 percent came from taxes and fees.