ESTIMATE COMPARISON UTILITY COST

Utility cost of utility (note 1)

fuel gas electricity fuel gas electricity total utility
total utility cost/yearly cost differential/
No Plant Type 1000m3 kWh $/1000 m3 $/ kWh cost/day ( note 2) yearly ( note 3)

1 GALMAZ Hot oil heater 2.3 24000 90 0.05 $ 1,407.00 $ 253,260.00

2 electric heater 0 31920 90 0.05 $ 1,596.00 $ 287,280.00 $ 34,020.00

1 Hot oil heater 2.8 31920 90 0.05 $ 1,848.00 $ 332,640.00

GARADAGH

2 electric heater 0 42288 90 0.05 $ 2,114.40 $ 380,592.00 $ 47,952.00

Note :

1. cost of utility is based on assumption international price, need to be confirmed for Azerbaijan
2. based on 6 months october to april only
3. this saving cost for using hot oil system