In January–July of this year, the total value of production in the mining industry in Azerbaijan amounted to 22,520.9 billion manats, which is 3.3% less compared to the corresponding period of the previous year, APA-Economics reports citing the monthly report of the State Statistical Committee.
According to the report, out of the mentioned total indicator, AZN 20,629 million accounted for crude oil and natural gas production, which is 3.2% less in an annual comparison.
The volume of production in the mining industry:
|
Name of activity types |
Produced in January-July 2025, million manats |
Compared to the same period of the previous year (at constant prices), in percent |
|
Mining industry |
22 520.9 |
96.7 |
|
Crude oil and natural gas production |
20 629 |
96.8 |
|
Mining of metal ores |
360.9 |
164.9 |
|
Other sectors of the mining industry |
121 |
113.8 |
|
Providing services to the mining industry |
1 410 |
84 |
According to the information, during the reporting period, commodity crude oil production amounted to 15,996.9 thousand tons, and commodity natural gas production totaled 22,551 million cubic meters.
It is noted that commodity crude oil production decreased by 5.4% compared to the corresponding period of the previous year, while commodity gas production increased by 0.2%.
Key indicators of crude oil and natural gas production:
|
Product types |
Produced between January and July 2025 |
Compared to the same period of the previous year, in percentage |
Finished product inventory as of 01.08.2025 |
|
Crude oil and natural gas production |
|||
|
Crude oil (including gas condensate), thousand tons |
16,033.7 |
94.6 |
248.7 |
|
commodity from it |
15 996.9 |
94.6 |
248.7 |
|
Natural gas, million cubic meters |
29 246.1 |
99.3 |
- |
|
commodity from it |
22 551.0 |
100.2 |
- |