Bank Of Baku

Azerbaijan produced 17.7 billion manat worth of oil and gas this year -TABLE

Azerbaijan produced 17.7 billion manat worth of oil and gas this year -TABLE
# 11 July 2025 16:04 (UTC +04:00)

In January–June of this year, the total production value in Azerbaijan’s mining industry amounted to 19.3035 billion manats, which is a 2.8% decrease compared to the same period of the previous year, APA-Economics reports this, citing the monthly report of the State Statistical Committee.

According to the report, 17.7081 billion manats of this total came from the extraction of crude oil and natural gas, representing a 2.7% decline year-on-year.

Mining Industry Performance in Azerbaijan (January–June 2025)
(in million AZN and % change at constant prices compared to the same period of the previous year)

 

Activity Type

 

Output (mln AZN)

 

Change (%)

 
 Mining industry (total)

19303.5

97.2

 Crude oil and natural gas extraction

17708.1

97.3

 Metal ore extraction

295.7

171.9

 Other mining activities

95.3

116.6

 Support services for the mining industry

 

1204.4

 

85.2

According to the data, during the reporting period, the production of the sector’s main products amounted to 13.7 million tons of marketable oil and 19.3 billion cubic meters of marketable natural gas.

It is noted that marketable oil production decreased by 5.3% compared to the same period last year, while marketable gas production increased by 1.1%.

Key Indicators for Crude Oil and Natural Gas Production in Azerbaijan (January–June 2025)

 

Product Type

 

Produced

 

Compared to Jan–Jun 2024 (%)

Ready Product Stock as of 01.07.2025

 
Crude oil (incl. gas condensate), thousand tons

13692

94.7

236.7

– of which: Marketable

13660

94.7

236.7

Natural gas, million cubic meters

24988.9

99.6

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