Bank Of Baku

Investment in oil and gas sector of Azerbaijan increased sharply

Investment in oil and gas sector of Azerbaijan increased sharply
# 18 April 2023 11:29 (UTC +04:00)

In January-March of 2023, funds in the amount of 1 271,4 mln manats were directed to the oil and gas sector of Azerbaijan, which is 27,4% more than the previous year, 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  998,2 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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