Bank Of Baku

Main indicators of Azerbaijan's oil and gas sector -TABLE

Main indicators of Azerbaijan
# 14 November 2025 17:05 (UTC +04:00)

In January–October of this year, the total value of production in Azerbaijan’s mining industry amounted to 31,980.3 billion manats, which is a 2.1% decrease 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, of this total indicator, 29,118.6 million manats accounted for crude oil and natural gas production, which is 2.1% less in annual comparison.

Volume of production in the mining industry:

Name of types of activities

Produced in January-October 2025, million manats

Compared to the same period of the previous year (at constant prices), in percent

Mining industry

31 980.3

97.9

Crude oil and natural gas production

29 118.6

97.9

Mining of metal ores

556.9

138.7

Other sectors of the mining industry

194.1

112.9

Providing services to the mining industry

 

2 110.7

 

91.3

According to the information, during the reporting period, the production of marketable oil — the main product of the sector — amounted to 22,988.5 thousand tons, while marketable natural gas production amounted to 32,263.9 million cubic meters.

It is noted that marketable oil production decreased by 4.6% compared to the corresponding period of the previous year, while marketable gas production increased by 1.7%.

Key indicators for crude oil and natural gas production:

Product types

Produced between January and October 2025

Compared to the same period of the previous year, in percentage

Ready-to-use product inventory as of 01.11.2025

Crude oil and natural gas production

Crude oil (including gas condensate), thousand tons

23 043

95.4

230.7

commodity from it

22 988.5

95.4

230.7

Natural gas, million cubic meters

42 128.4

101.2

-

commodity from it

32 263.9

101.7

-

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