Azerbaijan has received $97 billion of investments since 1995, $42
billion of which was invested in oil. Most investments were foreign,
Azerbaijani President Ilham Aliyev said at the 18th International
Conference on oil and gas in Baku on Tuesday, Trend reports.
Azerbaijan can fulfil its energy security and extend it to other
states. Azerbaijan and foreign companies have never had problems.
The president said that Azerbaijan will emphasize gas exports and keep
oil extraction rate at the same level.
Azerbaijan has 2.2 trillion cubic meters of gas reserves, $35 billion
of currency reserves, the GDP has tripled in the last 7 years.
