Investments in Azerbaijan’s oil sector increase
Baku, Azerbaijan, March 26
By Maksim Tsurkov - Trend:
The volume of investments made in Azerbaijan's oil and gas sector stood at 1.39 billion manats in January-February 2016, or 55.7 percent more than in the same period in 2015, said the report issued by Azerbaijan's State Statistical Committee.
The total volume of capital investments in Azerbaijan's industrial sector stood at 1.44 billion manats in January-February 2016, or 11.8 percent less than in the same period in 2015.
Of these funds, 1.39 billion manats were invested in mining industry, or 6.5 percent less than in January-February 2015.
Investments in production, distribution and supply of electricity, gas and heat totaled 19.7 million manats in January-February 2016, or 14.8 percent more than in the same period in 2015.
Edited by SI
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