Since early 2013 investments in Azerbaijan's oil sector increase by over 50 percent
Azerbaijan, Baku, October 19 / Trend E. Ismayilov /
3.91 billion manat was invested in the oil sector in January-September 2013 or 51.6 percent more than in the same period of last year, the State Statistics Committee told Trend on Saturday.
871.1 million manat investments were made in the country's oil sector in September compared to 284 million manat in September 2012.
According to the State Statistics Committee, the total volume of capital investments in the industrial sectors of Azerbaijan in January-September amounted to 5.07 billion manat or 39.3 percent more than in the same period of last year.
Around 3.44 billion manat of these funds was invested in the mining industry or 33 percent more than in the same period of 2012.
The investments in the production, distribution and supply with electricity, gas and heat in January-September amounted to 251 million manat, which is 1.7 percent less than in January-September 2012.
The official exchange rate is 0,7843 AZN/USD on October 19.