Bank Of Baku

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

Main indicators of Azerbaijan
# 12 December 2025 13:54 (UTC +04:00)

From January to November this year, the total value of production in Azerbaijan’s mining industry amounted to 34,821.8 billion manats, representing a 2.3% decrease compared to the same period last year, APA-Economics reports, citing the monthly report of the State Statistical Committee.

Based on the report, out of the mentioned total indicator, 31,612.8 million manat accounted for crude oil and natural gas production, which is 2.4% less in an annual comparison.

The volume of production in the mining industry:

Name of types of activities

Produced in January-November 2025, million manats

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

Mining industry

34 821.8

97.7

Crude oil and natural gas production

31 612.8

97.6

Mining of metal ores

646.9

139.3

Other sectors of the mining industry

213.3

110.6

Providing services to the mining industry

2 348.8

93

According to the data, during the reporting period, the production of commercial crude oil, the main product of the sector, amounted to 25,266.2 thousand tons, while commercial natural gas production reached 35,507.8 million cubic meters.

It is noted that commercial crude oil production decreased by 4.7% compared to the corresponding period of the previous year, whereas commercial gas production increased by 1.1%.

Key indicators of crude oil and natural gas production:

Product types

Produced between January and November 2025

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

Finished product inventory as of 01.12.2025

Crude oil and natural gas production

Crude oil (including gas condensate), thousand tons

25 325.5

95.3

212.6

commodity from it

25 266.2

95.3

212.6

Natural gas, million cubic meters

46 451.3

100.9

-

commodity from it

35 507.8

101.1

-

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