Average annual export price of Azerbaijani oil revealed

In 2024, the average export price for a barrel of Azerbaijani Azeri Light oil was approximately $84, Samir Nasirov, Director of the Statistics Department at the Central Bank of Azerbaijan (CBA), stated during a press conference, Report informs.

Nasirov also highlighted that Azerbaijan generated around $23 billion last year from the export of crude oil, petroleum products, and natural gas.

Meanwhile, the country’s non-oil exports amounted to approximately $3.2 billion, he added.