Foreign investment in Azerbaijan's oil and gas sector jumps 6% in H1 2025

BAKU. July 21 (Interfax) - Capital investment in Azerbaijan's oil and gas sector dropped 23.8% year-on-year to 2.321 billion manat in January-June 2025, the State Statistics Committee told Interfax.

Foreign investment in fixed assets rose 5.8% to 1.404 billion manat, or 60.5%, amid all foreign investment in H1 2025.

Investment in the oil and gas sector from domestic sources dropped 46.6% to 917 million manat.

As reported, Azerbaijan trimmed capital investment in the oil and gas sector 10.2% year-on-year to 5.739 billion manat in 2024.

The official exchange rate as on July 21, 2025, is 1.7 manat / $ 1.