Bank Of Baku

Mining industry production in Azerbaijan exceeds AZN 30 billion in 2024

Mining industry production in Azerbaijan exceeds AZN 30 billion in 2024
# 15 October 2024 12:59 (UTC +04:00)

In January-September of the current year, the total value of production in Azerbaijan's mining industry amounted to AZN 30 594,5 million, which is a decrease of 0.6 % compared to the same period of the previous year, APA-Economics reports citing the monthly report of the State Statistical Committee.

The report indicates that of the total figure, AZN 28 254,2 million came from the extraction of crude oil and natural gas, representing a 0.5 % decrease year-on-year.

The report further states that the main product of the sector, commercial oil production, reached 21,623,2 million tons, while commercial natural gas production amounted to 28,255,1 billion cubic meters.

"Commercial oil production decreased by 4 % compared to the same period of the previous year, while commercial gas production increased by 5.2 %," the report notes.

It also mentions that during the reporting period, Azerbaijan produced a total of 21 668,8 thousand tons of oil (a 4.1 % decrease) and 37 117,9 million cubic meters of gas (a 3.4 % increase).

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED