Of this, 65,987 tons (about 487,000 barrels) was crude oil, and 14,789 tons (about 122,000 barrels) was condensate. Furthermore, Azerbaijan produced 50.3 billion cubic meters of natural gas in ...

BAKU, Azerbaijan, February 13. In 2024, the oil and gas sector's contribution to Azerbaijan's Gross Domestic Product (GDP) declined from 40.2 percent to 30.6 percent compared to 2018, Trend reports.

Azerbaijan, endowed with abundant natural resources, continues to make remarkable strides in the global energy arena by harnessing its vast oil, gas, and renewable energy potential. Strategically ...