BAKU, Azerbaijan, Apr. 18
By Nargiz Ismayilova - Trend:
Some 1.4 billion manat ($850 million) were invested in Azerbaijan’s oil and gas sector over the period from January through March 2020, which is 25.9 percent more compared to the same period of last year, Trend reports with reference to Azerbaijan’s State Statistics Committee.
Comparative table of funds allocated into fixed assets of country’s oil and gas sector:
|
From January through March 2020 |
From January through March 2019 |
|
|
January |
475.2 million manat ($279.5 million) |
362 million manat ($212.9 million) |
|
February |
462.3 million manat ($271.9 million) |
358.9 million manat ($211.1 million) |
|
March |
505.1 million manat ($297.1 million) |
373.9 million manat ($219.9 million) |
The overall value of investments into country’s oil and gas sector in 2019 amounted to nearly six billion manat ($3.5 billion).
($1 = 1.7 manat on Apr.18)
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