E.M.Hajizadeh

DETERMINANTS OF ECONOMIC EFFICIENCY OF OIL AND GAS EXTRACTION COMPLEXES ON LAND AND METHODICAL PRINCIPLES OF THEIR DEFINITION.

Exhausting of resources and reducing of the production complicated further exploration and impacted economic efficiency, profitability and financial stability in the onshore oil and gas exploration industry.

Authors conducted analysis which determjines economic efficiency in cdurrent ecomomic reality, including existing empirical and methodical principles.

In this research, authors defined numkbes of factors stipulating determinants of economic efficiency in light of perspectives of reforms, their enhancement as well as impelementation of new market tools.

36.Determinants of economic efficiency of oil and gas extraction complexes on land and methodical principles of their definition. The state Petroleum Academy of Azerbaijan. News of technical educational institutions of Azerbaijan. (coaut hors - M.J.Atakishiev). Baku.1 (17) 2002. 0,5 v.q.