He said the volume of revenues depends on oil price and production in the world.

"Azerbaijan has developed three scenarios to manage the long-term and medium-term revenues. The scenarios envisage three oil price rates at US$ 40, $50 and $60. The petrodollars are estimated at between $8bn and 15bn," he said.

He also said the dividends from Baku-Tbilisi-Ceyhan will hit $80m next year, of which $15m will be received by Azerbaijan, APA reports.