BAKU, Azerbaijan, June 25
By Nargiz Ismayilova - Trend:
Around 2.3 million manat ($1.3 million) were invested in oil and gas sector of Azerbaijan from January through May 2020, which is 23.7 percent more compared to the same period of 2019, Trend reports citing the country’s State Statistical Committee.
Comparison table of investments in fixed assets of Azerbaijan’s oil and gas sector:
|
Jan. through May 2020 |
Jan. through May 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) |
|
April |
364.1 million manat ($214.1 million) |
422.4 million manat ($248.4 million) |
|
May |
494.5 million manat ($290.8 million) |
399.5 million manat ($235 million) |
The volume of investments in Azerbaijan’s oil and gas sector in 2019 made up almost 6 million manat ($3.5 million).
(1 USD = 1.7 manat on June 25)
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