Baku, Azerbaijan, March 28
By Maksim Tsurkov – Trend:
Some 1.5 billion manats were invested in Azerbaijan’s oil and gas sector in January-February 2017 compared to 1.39 billion manats (8 percent increase) in the same period of 2016, the Azerbaijani State Statistics Committee said in a report as of January-February 2017.
According to the report, a total volume of investments in Azerbaijani industrial sector amounted to 1.61 billion manats in January-February 2017, which is by 11.8 percent more than in January-February 2016.
Some 1.49 billion manats out of that volume were invested in mining industry in January-February 2017 that is by 7 percent more than in January-February 2016, the report said.
Investments in production, distribution and supply of electricity, gas and heat amounted to 31.2 million manats in January-February 2017 that is by 58.4 percent more than in January-February 2016.
The official exchange rate on March 28 is 1.7201 AZN/USD.
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