Baku: Over AZN 4.5 billion has been allocated to Azerbaijan’s oil and gas sector in the initial ten months of 2024. According to Azerbaijan’s State Statistics Committee, as reported by APA-Economics, AZN 4,523.2 million was directed to this sector from January to October 2024.

According to Azeri-Press News Agency, there has been a 9.1% decrease in investment compared to the same period in 2023. Last year, a total of AZN 6,265.5 million was allocated to the oil and gas sector, marking a 10.9% increase in investments from 2022.