Bank Of Baku

Azerbaijan to invest nearly AZN 8 billion in oil and gas sector next year

Azerbaijan to invest nearly AZN 8 billion in oil and gas sector next year
# 14 November 2026 13:53 (UTC +04:00)

Investments in Azerbaijan's oil and gas sector are projected to reach AZN 7.933 billion next year, APA-Economics reports.

The forecast is reflected in Azerbaijan's 2027 state budget package.

According to the document, investments in the sector are expected to reach AZN 8.3312 billion in 2028, AZN 8.2133 billion in 2029 and AZN 7.5032 billion in 2030.

Thus, investments in the oil and gas sector are expected to reach their highest level of the forecast period in 2028 before declining in subsequent years.

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