The UAE is one of the twenty largest investors in the economy of the ex-Soviet country.

The country produced 1.508 million bpd in September and its quota for October was set at 1.524 million bpd.

Oil and condensate production in 2022 is projected at 34.83 million tonnes, slightly up from the output expected this year and 0.24 million tonnes more than in 2020.

The country hopes to attract $3 billion foreign direct investments to build ten solar and wind power plants with a total capacity of about 3,000 megawatts.