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The Azerbaijani government has included a pessimistic forecast for the decline in hydrocarbon production in the country from 2025 to 2028 in the budget package of documents submitted for parliamentary...

Azerbaijan produced 24.1 million tonnes of crude oil (including condensate) in the first ten months of 2024, a decline driven by reduced output at key offshore fields, according to data from the Minis...

Azerbaijan produced approximately 14.4 million tons of oil, including condensate, in the first half of 2024, according to the Ministry of Energy. The "Azeri-Chirag-Gunashli" (ACG) fields contributed 8...