BAKU, Azerbaijan, Jan. 22
By Fidan Babayeva - Trend:
The oil and gas sector of Azerbaijan received 5.9 billion manat ($3.4 billion) of investments in 2020, which is 9.2 percent more compared to 2019, Trend reports referring to the country's State Statistical Committee.
According to the committee, in 2020, the largest amount of investment was recorded in December - 689 million manat ($410.5 million), while the smallest was in April - 358.9 million manat ($211.1 million).
Comparative table of funds allocated for fixed assets in the oil and gas sector in 2020:
|
From January through December 2020 |
From January through December 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 ($214.18 million) |
422.4 million manat ($248.47 million) |
|
May |
494.5 million manat ($290.88 million) |
399.5 million manat ($235 million) |
|
June |
477.2 million manat ($280.7 million) |
442.2 million manat ($260.1 million) |
|
July |
646.4 million manat ($380.2 million) |
418.5 million manat ($246.18 million) |
|
August |
466.6 million manat ($274.47 million) |
484.1 million manat ($284.76 million) |
|
September |
499.8 million manat ($294 million) |
537.9 million manat ($316.4 million) |
|
October |
390.6 million manat ($229.76 million) |
471.5 million manat ($277.3 million) |
|
November |
430.2 million manat ($253 million) |
529.6 million manat ($311.5 million) |
|
December |
667.7 million manat ($392.76 million) |
689 million manat ($405.3 million) |
The volume of investments in Azerbaijan's oil and gas sector amounted to almost 6 billion manat ($3.5 billion) in 2019.
(1 USD = 1.7 AZN on Jan. 21)
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