Bank Of Baku

Investment in oil and gas sector of Azerbaijan increased

Investment in oil and gas sector of Azerbaijan increased
# 14 August 2023 16:30 (UTC +04:00)

In January-July of 2023, funds in the amount of 3 237,1 mln manats were directed to the oil and gas sector of Azerbaijan, which is 18,8% more in annual comparison, APA-Economics reports citing the State Statistical Committee of the Republic of Azerbaijan.

In the corresponding period of 2022, the mentioned indicator was at the level of  2 724,3 mln manats.

In 2022, funds in the amount of 5 400,4 mln manats were directed to the oil and gas sector of Azerbaijan, which is 6,3% less than the annual comparison.

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