BAKU, Azerbaijan, April 1. Azerbaijan directed 618.6 million manat ($363.8 million) towards its oil and gas sector from total capital investments from January through February 2025. T
Data obtained by Trend from the State Statistical Committee shows that the sector has seen a significant decline of 286.3 million manat ($168.4 million), or 32 percent, compared to the same period in 2024.
For reference, the oil and gas sector received 904.9 million manat ($532.2 million) in capital investments during the first two months of 2024.
The total investment in all economic and social sectors of the country from January through February 2025 amounted to nearly 2 billion manat ($1.1 billion), a decrease of 24.8 percent compared to the same months of last year.