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Investments into Azerbaijan oil industry increased by almost 10%

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investIn January and February 2014 775 million AZN has been invested into the Azerbaijan oil industry, up 9.6% against the same period last year, a source from the State Statistical Committee told Caspian Barrel.

 

In 2013 over 4.82 million AZN has been invested into the oil industry, up 24.2% against the same period in 2012.

 

The same source said that in January and February 2014 investments into the industrial sector of Azerbaijan totaled 866.7 million AZN, down 0.9% against the same period in 2013.

 

Of this volume 767.3 million AZN was invested into the extracting industry during this period, up 8.6% against the same period in 2013.

 

In 2013 investments into the Azerbaijan’s industrial sector totaled 7.08 billion AZN, up 16.4% against the same period in 2012. Of this amount about 4.7 billion AZN has been invested into the extracting industry, up 20.6% against 2012.

 

Investments into the production, distribution and supply of electric energy, gas and fuel totaled 34.3 million AZN in January and February 2014, down 7.4% against the same period in 2013.

 

In 2013 investments into production, distribution and supply of electric energy, gas and fuel totaled 390.5 million AZN, down 31.5% against 2012.

 

 

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