Geological exploration work
In 2017, 32.3 million manats or more than 6.5% compared to 2016 spent on geological exploration.
81.7% of geological exploration were directed to the exploration of oil and gas resources and 26.4 million manats were spent on these works.
Compared to 2016, explored radioactive metals – 51.9% , geological and geophysical works - 25.0%, hydrogeological works – 19.4%, non-ferrous metal exploration – 8.3%, scientific research – 8.0%, noble metals – 23.8%, ferrous metal – 14.3% less funds have been spent in 2017.
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