Baku: In January-February of this year, the total value of production in Azerbaijan's mining industry amounted to 5,207 million manats, marking a 0.3% increase compared to the previous year.

According to Azeri-Press News Agency, of this total figure, 4,536.4 million manats were attributed to crude oil and natural gas production. This represents a 0.8% decrease when compared to the same period last year.

The report highlights that during the reporting period, commercial oil production, a key product of the sector, amounted to 4,331.9 thousand tons. In contrast, commercial natural gas production reached 6,496.8 million cubic meters. It is further noted that while commercial oil production decreased by 3% compared to the previous year, commercial gas production saw an increase of 3%.

These figures reflect ongoing shifts in Azerbaijan's oil and gas sector, indicating both challenges and areas of growth within the industry.