Paşha Bank
Bank Of Baku

Azerbaijan produces oil and gas worth AZN 12 bln in Q1 in 2025

Azerbaijan produces oil and gas worth AZN 12 bln in Q1 in 2025
# 15 May 2025 13:14 (UTC +04:00)

In January–April 2025, the total output of Azerbaijan’s mining sector amounted to 13,082.5 billion manats, down 2.7% compared to the same period last year, APA-Economics reports citing the State Statistics Committee’s monthly report.

Of this total, 12,020.2 billion manats came from crude oil and natural gas production—also a 2.7% decrease year-on-year.

According to the data, Azerbaijan produced 9,117.4 million tons of oil (down 5.4%) and 16,566.1 billion cubic meters of gas (down 0.6%) in the reporting period. Marketable oil output was 9,095.5 million tons, while marketable natural gas output reached 12,916 billion cubic meters.

The report notes that marketable oil production fell by 5.4% compared to the same period last year, while marketable gas production rose by 1.4%.

For reference, in 2024, Azerbaijan's mining sector generated 41,179.5 billion manats in output—1% more than in 2023. Of this, 38,009.6 billion manats came from oil and gas production, marking a 1.2% increase year-on-year. Last year, marketable oil output was 28,997 million tons (down 3.6%), and marketable gas output was 38,668.6 billion cubic meters (up 6.2%).

In total, Azerbaijan produced 29,063 million tons of oil (down 3.6%) and 50,596.7 billion cubic meters of gas (up 4.3%) in 2024.

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