Azerbaijan Oil
Production (2025)#29 World
566,628b/d−5.1% YoY
Consumption (2024)#77 World
111,631b/d−1.2% YoY
Daily Surplus (2024)
+485,505b/d
Consumption uses 18.7% of production.
Production
Consumption
Surplus
Oil Reserves in Azerbaijan
- Azerbaijan has proven oil reserves of 7,000,000,000 barrels (as reported in 2025) (#19 in the world), representing 0.4% of the world's total.
- As of 2025 production rates, Azerbaijan has roughly 34 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Azerbaijan
- Azerbaijan produced 566,628 barrels per day of oil and petroleum liquids in 2025 (#29 in the world), a decrease of 5.1% from 597,137 barrels per day in 2024.
- Of that, 560,621 barrels per day was crude oil in 2025.
- And 984 barrels per day was natural gas plant liquids (NGPL) in 2025.
Azerbaijan has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.
Oil Consumption in Azerbaijan
- Azerbaijan consumed 111,631 barrels per day of oil and petroleum products in 2024 (#77 in the world), a decrease of 1.2% from 2023. This represents 0.11% of the world's total oil consumption.
- Per capita, oil consumption in Azerbaijan averaged 0.45 us gallons per day in 2024 (#115 in the world).
- The largest refined-product categories were Distillate Fuel Oil (36.2%), Motor Gasoline (34.2%), and Other Refined Products (13.7%).
(Historical) Oil Imports & Exports in Azerbaijan
EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.
Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.
oil Balance in Azerbaijan
- In 2024, Azerbaijan produced approximately 597,137 barrels per day of oil and consumed 111,631 barrels per day , a surplus of 485,505 barrels per day.
Azerbaijan Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 7,000,000,000 | 19 | 0.40% | 566,628 | −5.1% | 29 | 0.53% | — | — | — | — | — | — | — | — |
| 2024 | 7,000,000,000 | 20 | 0.40% | 597,137 | −4.2% | 28 | 0.58% | 111,631 | −1.2% | 77 | 0.11% | 0.45 | — | — | — |
| 2023 | 7,000,000,000 | 20 | 0.40% | 623,167 | −7.4% | 27 | 0.61% | 112,934 | +6.4% | 76 | 0.11% | 0.46 | — | — | — |
| 2022 | 7,000,000,000 | 21 | 0.40% | 672,776 | −6.1% | 26 | 0.67% | 106,163 | +6.8% | 78 | 0.11% | 0.43 | — | — | — |
| 2021 | 7,000,000,000 | 20 | 0.41% | 716,735 | +2.3% | 24 | 0.75% | 99,379 | +12.7% | 82 | 0.10% | 0.41 | — | — | — |
| 2020 | — | — | — | 700,368 | −9.4% | 23 | 0.75% | 88,143 | −9.8% | 82 | 0.10% | 0.36 | — | — | — |
| 2019 | 7,000,000,000 | 20 | 0.42% | 773,208 | −2.7% | 25 | 0.77% | 97,701 | −2.6% | 83 | 0.10% | 0.41 | — | — | — |
| 2018 | 7,000,000,000 | 21 | 0.42% | 795,006 | +0.02% | 25 | 0.79% | 100,261 | −2.1% | 81 | 0.10% | 0.42 | 0 | 679,860 | −679,860 |
| 2017 | 7,000,000,000 | 20 | 0.43% | 794,821 | −5.3% | 25 | 0.81% | 102,444 | +6.4% | 79 | 0.10% | 0.43 | 1,260 | 684,248 | −682,988 |
| 2016 | 7,000,000,000 | 20 | 0.42% | 839,056 | −1.8% | 24 | 0.86% | 96,304 | −1.9% | 81 | 0.10% | 0.41 | 0 | 716,011 | −716,011 |
| 2015 | 7,000,000,000 | 20 | 0.42% | 854,133 | +0.17% | 24 | 0.88% | 98,125 | −1.5% | 79 | 0.10% | 0.42 | 576 | 674,611 | −674,035 |
| 2014 | 7,000,000,000 | 20 | 0.42% | 852,714 | −2.7% | 24 | 0.91% | 99,629 | −0.53% | 78 | 0.11% | 0.43 | 0 | 697,400 | −697,400 |
| 2013 | 7,000,000,000 | 20 | 0.43% | 876,557 | −5.5% | 25 | 0.96% | 100,159 | +3.3% | 77 | 0.11% | 0.44 | 0 | 692,083 | −692,083 |
| 2012 | 7,000,000,000 | 20 | 0.46% | 927,648 | −6.2% | 24 | 1.0% | 96,913 | +4.9% | 78 | 0.11% | 0.43 | 0 | 694,560 | −694,560 |
| 2011 | 7,000,000,000 | 19 | 0.47% | 989,078 | −5% | 21 | 1.1% | 92,361 | +11.8% | 78 | 0.10% | 0.42 | 93 | 745,360 | −745,267 |
| 2010 | 7,000,000,000 | 19 | 0.52% | 1,040,859 | +2.9% | 21 | 1.2% | 82,627 | +4.9% | 82 | 0.09% | 0.38 | 0 | 853,180 | −853,180 |
| 2009 | 7,000,000,000 | 19 | 0.52% | 1,011,979 | +15.7% | 21 | 1.2% | 78,783 | −14.6% | 85 | 0.09% | 0.37 | 20 | 886,640 | −886,620 |
| 2008 | 7,000,000,000 | 19 | 0.53% | 874,662 | +1.1% | 23 | 1.0% | 92,271 | +1.6% | 77 | 0.11% | 0.43 | 195 | 737,160 | −736,965 |
| 2007 | 7,000,000,000 | 20 | 0.53% | 865,399 | +32.9% | 23 | 1.0% | 90,801 | −10.7% | 80 | 0.10% | 0.43 | 0 | 695,600 | −695,600 |
| 2006 | 7,000,000,000 | 19 | 0.54% | 651,352 | +44.8% | 26 | 0.76% | 101,678 | −7.4% | 74 | 0.12% | 0.49 | 0 | 496,400 | −496,400 |
| 2005 | 7,000,000,000 | 19 | 0.55% | 449,973 | +43.5% | 30 | 0.53% | 109,774 | +2.8% | 70 | 0.13% | 0.54 | 0 | 285,920 | −285,920 |
| 2004 | 7,000,000,000 | 19 | 0.55% | 313,614 | +0.2% | 35 | 0.38% | 106,772 | +14% | 71 | 0.13% | 0.53 | 0 | 180,960 | −180,960 |
| 2003 | 7,000,000,000 | 19 | 0.58% | 312,994 | +0.83% | 34 | 0.39% | 93,644 | +13.2% | 75 | 0.12% | 0.47 | 0 | 179,940 | −179,940 |
| 2002 | 1,178,000,000 | 35 | 0.11% | 310,418 | +2.5% | 34 | 0.41% | 82,748 | −2.8% | 78 | 0.11% | 0.42 | 0 | 177,620 | −177,620 |
| 2001 | 1,178,000,000 | 36 | 0.11% | 302,858 | +6.4% | 34 | 0.39% | 85,169 | −33.1% | 77 | 0.11% | 0.43 | 0 | 169,240 | −169,240 |
| 2000 | 1,178,000,000 | 36 | 0.12% | 284,765 | +2.5% | 34 | 0.37% | 127,403 | −15.1% | 68 | 0.17% | 0.65 | 57 | 112,760 | −112,703 |
| 1999 | 1,178,000,000 | 36 | 0.11% | 277,699 | +19.7% | 35 | 0.37% | 150,000 | +1.8% | 61 | 0.20% | 0.78 | 148 | 113,680 | −113,532 |
| 1998 | 1,200,000,000 | 36 | 0.12% | 232,073 | +27.2% | 36 | 0.31% | 147,300 | +14% | 62 | 0.20% | 0.77 | 1,820 | 38,060 | −36,240 |
| 1997 | 1,200,000,000 | 36 | 0.12% | 182,472 | +0.86% | 38 | 0.25% | 129,200 | −2.6% | 64 | 0.18% | 0.68 | 5,220 | 4,660 | 560 |
| 1996 | — | — | — | 180,911 | −2.1% | 37 | 0.25% | 132,700 | −25.3% | 62 | 0.18% | 0.71 | 12 | 1,103 | −1,091 |
| 1995 | — | — | — | 184,726 | +0.98% | 36 | 0.26% | 177,600 | −4.5% | 57 | 0.25% | 0.97 | 840 | 0 | 840 |
| 1994 | — | — | — | 182,927 | −15.5% | 37 | 0.27% | 186,000 | −4.1% | 53 | 0.27% | 1.03 | 17,060 | 0 | 17,060 |
| 1993 | — | — | — | 216,500 | −2.5% | 33 | 0.32% | 194,000 | −4.4% | 52 | 0.29% | 1.09 | 23,180 | 0 | 23,180 |
| 1992 | — | — | — | 222,000 | — | 32 | 0.33% | 203,000 | — | 48 | 0.30% | 1.15 | 30,320 | 0 | 30,320 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal