Bank Of Baku

Production of sweet crude oil declines in Azerbaijan

Production of sweet crude oil declines in Azerbaijan
# 25 October 2024 11:19 (UTC +04:00)

In January-September of 2024, 17,718.33 thousand tons of sweet crude oil (containing up to 0.6% sulfur) was produced in Azerbaijan, which is 6.05% less than the annual comparison, the State Statistics Committee told APA-Economics.

17,678.32 thousand tons of crude oil produced in Azerbaijan during the reporting period fell to the share of commodity products. This is 5.94% less in annual comparison.

Recalled that in 2023, 24,973.75 thousand tons of sweet crude oil was produced in Azerbaijan, which is 9.7% less compared to the year.

During the reporting period, 24,892.89 thousand tons of crude oil produced in Azerbaijan fell to the share of commodity products, which means a decrease of 9.8% compared to the year.

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