More than $84 billion foreign investment made to oil and gas sector of Azerbaijan during the last 25 years

# 15:28
10 June 2019

The amount of foreign investment made to Azerbaijani oil and gas sector has amounted at $84,34 in the last 25 years, SOCAR told to APA Economics.

SOCAR has signed 37 Production Sharing Agreement with foreign countries to date, which 21 of them have been signed offshore, while 16 on land.

According to information, investments in the oil and gas sector totaled only 0.09 bn. in 1994, but  this indicator has reached  to $ 84.34 billion dollars at the end of 2018 (according to the results of 25 years)