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Moody's talks on role of oil and gas sector in Azerbaijani economy

May 24, 2018/ 10:49

Baku. Azerbaijan is still greatly dependent on oil exports, Moody's international credit rating agency’s expert Christian Fang said at an annual summit on Azerbaijan in Baku May 24, reports Trend.

“Despite the measures are being taken in the country to diversify the economy, the oil and gas sector still has a high share in the economy, in particular, in exports and the government’s revenues,” Fang said.

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