Accra:In the first nine months of 2026, Azerbaijan produced 19.9 million tons of oil, including condensate, reflecting a 3.9 percent decline compared to the same period in the previous year.

According to Azerbaijan State News Agency, production from the Azeri-Chirag-Gunashli field accounted for 11.8 million tons, while the Shah Deniz and Absheron fields contributed 2.6 million tons and 0.4 million tons respectively. The State Oil Company of Azerbaijan Republic (SOCAR) produced 5.1 million tons of oil, including condensate.

During this period, Azerbaijan exported 15.5 million tons of oil, marking a 10.9 percent decrease from the previous year. Of these exports, consortiums were responsible for 14.2 million tons, SOCAR for 0.8 million tons, and JOCAP for 0.5 million tons.

Throughout the nine months, daily crude oil production was 61 thousand tons, equivalent to 446 thousand barrels, while condensate production was 12 thousand tons, or 101 thousand barrels. Overall, total daily oil production averaged 73 thousand tons, equivalent to 547 thousand barrels.