In January–March of this year, the total value of production in Azerbaijan’s mining industry amounted to 8,723.3 million manats, which is a 0.7% decrease compared to the previous year, APA-Economics reports, citing the monthly report of the State Statistical Committee.
7,745.4 million manats of the total figure accounted for crude oil and natural gas production, which represents a 1.9% decrease in annual comparison.
Production volume in the mining industry:
| Name of types of activities | Produced in January-March 2026, million manat | Compared to the corresponding period of the previous year (at constant prices), in percent |
| Mining industry | 8 723.3 | 99.3 |
| Crude oil and natural gas production | 7745.1 | 98.1 |
| Mining of metal ores | 229.3 | 129.2 |
| Other sectors of the mining industry | 51.4 | 110.5 |
| Providing services to the mining industry | 697.5 | 119.8 |
According to the data, during the reporting period, production of marketable oil, the main product of the sector, amounted to 6,611.9 thousand tons, while production of marketable natural gas totaled 9,857.9 million cubic meters.
It is noted that marketable oil production decreased by 3.4% compared to the previous year, while marketable gas production increased by 0.7%.
Main indicators for crude oil and natural gas production:
| Product types | Produced in January-March 2026 | Compared to the corresponding period of the previous year, in percentage | Stock of finished products in warehouses of industrial enterprises as of 01.04.2026 |
| Crude oil and natural gas production | |||
| Crude oil (including gas condensate), thousand tons | 6 629.7 | 96.6 | 273.2 |
| commodity from it | 6 611.9 | 96.6 | 273.2 |
| Natural gas, million cubic meters | 12,506.6 | 100.4 | - |
| commodity from it | 9 857.9 | 100.7 | - |
