BAKU, Azerbaijan, Jan. 22
By Anastasia Savchenko - Trend:
The oil and gas sector of Azerbaijan received 5.5 billion manat ($3.2 billion) of investments in 2019, which is 7.63 percent less compared to 2018, Trend reports referring to the country's State Statistical Committee.
According to the committee, in 2019, the largest amount of investment was recorded in December - 689 million manat ($410.5 million), while the smallest was in February - 358.9 million manat ($211.1 million).
Comparative table of funds allocated for fixed assets in the oil and gas sector in 2019:
|
From January through December 2019 (manat) |
From January through December 2018 (manat) |
|
|
January |
362 million |
597.6 million |
|
February |
358.9 million |
410.9 million |
|
March |
373.9 million |
404.5 million |
|
April |
422.4 million |
465.5 million |
|
May |
399.5 million |
475.2 million |
|
June |
442.2 million |
473 million |
|
July |
418.5 million |
499.7 million |
|
August |
484.1 million |
646.2 million |
|
September |
537.9 million |
458.8 million |
|
October |
471.5 million |
498 million |
|
November |
529.6 million |
403.8 million |
|
December |
689 million |
615.7 million |
The volume of investments in Azerbaijan's oil and gas sector amounted to almost 6 billion manat ($3.5 billion) in 2018.
(1 USD = 1.7 AZN on Jan. 22)
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