More than AZN 34 bln. invested in oil-gas sector of Azerbaijan over past 5 years

More than AZN 34 bln. invested in oil-gas sector of Azerbaijan over past 5 years
Over the past five years (2016-2020), AZN 34,4 billion was invested in the oil-gas sector of Azerbaijan, according to calculations of APA-Economics on the basis of indicators of the State Statistics Committee.

The volume of the funds, directed to the oil-gas sector of the country from 2016 until 2020 decreased by 31.8%. Furthermore, an increase of 7.1% was observed on the indicator last year in comparison with the 2019 indicator.

According to calculations, the highest indicator of the funds, directed to the country’s oil-gas sector was recorded in 2016 (AZN 8 617,4 mln.), while the lowest in 2019 (AZN 5 489,5 mln).


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