Baku, Azerbaijan, May 16
By Maksim Tsurkov – Trend:
In January-April 2018, 1.88 billion manats were invested in Azerbaijan’s oil and gas sector as compared to 2.98 billion manats in January-April 2017 (decrease by 37 percent), said the country’s State Statistics Committee in a report.
During the reporting period, total volume of investments in Azerbaijan’s industrial sector amounted to 2.34 billion manats that is 30.6 percent less than in January-April 2017.
Thus, 1.83 billion manats out of this amount were invested in the country’s mining industry in January-April 2018, that is 40.2 percent less than in January-April 2017.
Meanwhile, investments in production, distribution and supply of electricity, gas and heating amounted to114.4 million manats in January-April 2018 that is 4.3 percent less than in January-April 2017.
(1.7 AZN = 1 USD on May 16)
--
Follow the author on Twitter: @MTsurkovTrend