BAKU, Azerbaijan, Nov. 17
By Fidan Babayeva – Trend:
Some 4.7 billion manat ($2.8 billion) was invested in the Azerbaijani oil and gas sector from January through October 2020, which is 11.9 percent more compared to the same period of 2019, Trend reports referring to the report of the Azerbaijani State Statistics Committee.
Comparative table of funds transferred as investments in fixed assets in the oil and gas sector:
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from January through October 2020,
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from January through October 2019
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January
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475.2 million manat ($279.5 million)
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362.0 million manat ($212.9 million)
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February
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462.3 million manat ($271.9 million)
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358.9 million manat ($211.1 million)
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March
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505.1 million manat ($297.1 million)
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373.9 million manat ($219.9 million)
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April
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364.1 million manat ($214.2 million)
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422.4 million manat ($248.5 million)
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May
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494.5 million manat ($290.9 million)
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399.5 million manat ($235 million)
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June
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477.2 million manat ($280.7 million)
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442.2 million manat ($260.1 million)
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July
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646.4 million manat ($380.2 million)
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418.5 million manat ($246.2 million)
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August
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466.6 million manat ($274.5 million)
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484.1 million manat ($284.8 million)
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September
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499.8 million manat ($294 million)
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537.9 million manat ($316.4 million)
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October
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390.6 million manat ($229.8 million)
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471.5 million manat ($277.3 million)
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The investments worth almost six billion manat ($3.5 billion) were made in the oil and gas sector in Azerbaijan in 2019.
(1 USD = 1.7 AZN on Nov. 17)
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