During three quarters, 2015 $5.7 billion has been invested directly into the Azerbaijani economy from abroad and 88.2% of all investments fell to the oil and gas industry, reads the payment balance posted on the web site of the Central Bank (CBA).
Direct investments into the Azerbaijani economy decreased by 1.72% against January-September 2014. From January to September 2014 this index totaled $5.8 billion.
These investments have been used to fund big oil and gas projects in Azerbaijan implemented by BP, including development of the Shah Deniz Phase 2 and offshore bloc of fields Azeri-Chirag-Guneshli.
According to CBA, during this period direct investments into the non-oil sector totaled $678 million or 11.8% of total volume of investments into the economy. This is down 20.7% against the same period last year. From January to September 2014 the amount of foreign investments into the non-oil sector of Azerbaijan totaled $855 million.
