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Investments in oil sector increase from 1995 to 2010

Oil&Gas Materials 30 June 2011 18:54 (UTC +04:00)

Azerbaijan, Baku, June 30 / Trend E. Ismayilov /

The investment volume in the main capital of Azerbaijan's oil sector was about 30 billion manat from 1995 to 2010.

According to the information, the largest amount of investments fell to 2005 and amounted to more than 3.7 billion manat.

The investments in oil and gas sector of Azerbaijan hit about 92.46 million manat in 1995. The index reached about 2.96 billion manat in 2010.

The share of investment in oil and gas sector of the total investment as a proportion of total investment in non-oil sector hit 40.6 percent in 1995. It reduced up to 29.9 percent in 2010.

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