Geological exploration works
In 2019, 130,1 million manats or more than 3,6 percent compared to 2018 spent on geological exploration works. The increase was due to a 4,3 times increase in the exploration of oil and gas.
96,9 percent of geological exploration works were directed to resources and 126,1 million manats were spent on these works.
Compared to 2018, hydrogeological works – 9,7%, non-ferrous metal exploration – 3,1% more funds have been spent in 2019.
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