Baku: In the first four months of 2025, Azerbaijan’s mining sector produced a total output valued at 13,082.5 billion manats, reflecting a 2.7% decrease compared to the same period in the previous year.
According to Azeri-Press News Agency, the State Statistics Committee’s monthly report highlighted that 12,020.2 billion manats of this total came from crude oil and natural gas production, also marking a 2.7% year-on-year decline.
The data revealed that Azerbaijan produced 9,117.4 million tons of oil, representing a 5.4% decrease, and 16,566.1 billion cubic meters of gas, showing a 0.6% decrease during the reporting period. Marketable oil output was recorded at 9,095.5 million tons, while marketable natural gas output reached 12,916 billion cubic meters. The report also noted a 5.4% decline in marketable oil production compared to the same period last year, whereas marketable gas production saw a 1.4% rise.
In 2024, Azerbaijan’s mining sector generated an output of 41,179.5 billion manats, an increase of 1% from 2023. Out of this, 38,009.6 billion manats were attributed to oil and gas production, marking a 1.2% year-on-year increase. Last year’s marketable oil output stood at 28,997 million tons, down 3.6%, while marketable gas output was 38,668.6 billion cubic meters, up 6.2%. Overall, Azerbaijan produced 29,063 million tons of oil, a decrease of 3.6%, and 50,596.7 billion cubic meters of gas, an increase of 4.3% in 2024.