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Azerbaijan produced 17.7 billion manat worth of oil and gas this year -TABLE

In January–June of this year, the total production value in Azerbaijan’s mining industry amounted to 19.3035 billion manats, which is a 2.8% decrease compared to the same period of the previous year, APA-Economics reports this, citing the monthly report of the State Statistical Committee.

According to the report, 17.7081 billion manats of this total came from the extraction of crude oil and natural gas, representing a 2.7% decline year-on-year.

Production volume in the mining industry:

 

 

Name of activity types

Produced in January-June 2025, million manats

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

Mining industry

19303.5

97.2

Crude oil and natural gas production

17708.1

97.3

Mining of metal ores

295.7

171.9

Other sectors of the mining industry

95.3

116.6

Mining industry

providing services in the field

 

1204.4

 

85.2

According to the data, during the reporting period, the production of the sector’s main products amounted to 13.7 million tons of marketable oil and 19.3 billion cubic meters of marketable natural gas.

It is noted that marketable oil production decreased by 5.3% compared to the same period last year, while marketable gas production increased by 1.1%.

Key indicators for crude oil and natural gas production:

 

Product types

Produced between January and June 2025

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

Ready-to-use product inventory as of 01.07.2025

Crude oil (including gas condensate), thousand tons

13692

94.7

236.7

commodity from it

13660

94.7

236.7

Natural gas, million cubic meters

24988.9

99.6

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