More than USD 106 bln. invested in Azerbaijan’s oil and gas sector over past 25 years

More than USD 106 bln. invested in Azerbaijan’s oil and gas sector over past 25 years
  • Clock-gray 15:55
  • calendar-gray 24 July 2020

USD 85 bln. of USD 140 bln foreign capital invested in Azerbaijan during 1995-2019 involved in the oil and gas sector, Minister of Energy Parviz Shahbazov said in his speech at the 14th Baku Summer Energy school held at ADA University on the topic Azerbaijan's energy policy and the growing role of renewable energy, the Ministry of Energy told APA-Economics.

According to him, the total volume of capital invested in the oil and gas sector made up more than 106 bln. in this period.

 

Emil Ismayilov

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