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oil and gas sector
oil and gas sector
EconomyHeadlines

The oil and gas sectors received a historic foreign investment of $79.1 million.

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During the first 4 months of this fiscal year, the oil and gas sector attracted a foreign investment of $79.1 million. The Board of Investment‘s data for 2023-24 reveals this significant foreign direct investment in the country’s oil and gas industry.

Over the past 4 years, the oil and gas sector has seen a total foreign direct investment of $892.8 million. In the financial year 2019-20, it received $311.4 million, followed by $251 million in 2020-21, $195.3 million in 2021-22, and $135.1 million in 2022-23.

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