Baku: About 5.5 million tons of oil were processed in Azerbaijan from January to October of the current year, which matches the indicator of the corresponding period last year.
According to Azeri-Press News Agency, the data was provided by the Ministry of Energy of Azerbaijan. It was recalled that in the previous year, approximately 6.5 million tons of oil were processed in the country, representing a 4.84% increase from the year before.
The consistency in oil processing figures highlights the ongoing stability in Azerbaijan’s oil industry, maintaining the same level as last year despite various global economic fluctuations. The Ministry continues to monitor the situation to ensure sustained productivity in the sector.
The oil processing figures serve as a key indicator of the country’s economic health, with the energy sector playing a critical role in Azerbaijan’s economy. The efforts to maintain steady production levels reflect the strategic importance placed on energy resources by the government.