In January-July of this year, the total value of production in Azerbaijan's mining industry amounted to AZN 23,490 million, remaining equal to the corresponding figure of the previous year, stated in the monthly report of the State Statistical Committee, APA-Economics reports.
According to the report, crude oil and natural gas production accounted for AZN 20,833.9 million of the total figure, which represents a 1.5% decrease year-on-year.
Volume of production in the mining industry:
|
Name of types of activities |
Produced in January- July 2026 , million manats |
Compared to the same period of the previous year (at constant prices), in percent |
|
Mining industry |
23 490 |
100 |
|
Crude oil and natural gas production |
20 833.9 |
98.5 |
|
Mining of metal ores |
649.8 |
139.7 |
|
Other sectors of the mining industry |
125.8 |
85.9 |
|
Providing services to the mining industry |
1 880.5 |
129.3 |
According to the data, during the reporting period, marketable oil production, the sector's main product, amounted to 15,504.1 thousand tons, while marketable natural gas production amounted to 22,777.3 million cubic meters.
It is noted that marketable oil production decreased by 3.1% compared to the corresponding period of the previous year, while marketable gas production increased by 1%.
Key indicators for crude oil and natural gas production:
|
Product types |
Produced between January and July 2026 |
Compared to the same period of the previous year, in percentage |
01.0 8 .Stocks of finished products in warehouses of industrial enterprises as of 2026 |
|
Crude oil and natural gas production |
|||
|
Crude oil (including gas condensate), thousand tons |
15 543.3 |
96.9 |
254.8 |
|
commodity from it |
15 504.1 |
96.9 |
254.8 |
|
Natural gas, million cubic meters |
29 565.8 |
101.1 |
- |
|
commodity from it |
22 777.3 |
101 |
- |