Azerbaijan produced AZN 39 bln worth of oil and gas this year

Azerbaijan produced AZN 39 bln worth of oil and gas this year
# 15 December 2023 13:52 (UTC +04:00)

In January-November of this year, the total cost of production in the mining industry in Azerbaijan was 41 302,3 million AZN, which is 2,3 % less compared to the corresponding period of last year, APA-Economics reports citing the State Statistics Committee.

According to the report, the production of commercial crude oil and natural gas, was 38 732,2 thousand tons, which is 2,3 % less in annual comparison.

During the reporting period, production of commercial oil production, which is the main product of the field, was 27 597,8 thousand tons, while production of commercial natural gas production was 33 146,8 mln. cubic meters.

"Production of commercial oil production decreased by 7,5% compared to the corresponding period of the previous year, while commercial gas production increased by 4,3%," - the information reads.

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