Investments in Azerbaijan's oil and gas sector to exceed $20B in 2018-2025

Investments in oil and gas sector in 2018-2025 will exceed $20B in Azerbaijan, Report informs citing the Market Analysis Azerbaijan 2019 publication of German-Azerbaijani Chamber of Commerce (AHK Azerbaijan).

According to Wood Mackenzie group, investments in the oil and gas sector in 2018-2025 will exceed $20B in Azerbaijan.

It was noted that the new and updated Production Sharing Agreement (PSA) has encouraged investments in oil and gas industry.