Azerbaijan allocated nearly AZN 2 billion to oil and gas sector this year

Azerbaijan allocated nearly AZN 2 billion to oil and gas sector this year
# 17 June 2025 16:58 (UTC +04:00)

In January-May of this year, 1,958.8 million manat was allocated to Azerbaijan’s oil and gas sector, APA-Economics reports, citing the State Statistical Committee.

According to the information, compared to the corresponding period of 2024, the volume of investments directed to the oil and gas sector decreased by 21.9%.

Recall that last year, 5,738.7 million manat was allocated to Azerbaijan’s oil and gas sector. Compared to the 2023 figure, the volume of investments directed to the oil and gas sector decreased by 8.4%.

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