Azerbaijan Oil

Oil Reserves in Azerbaijan (2025)

See also: List of countries by Oil Reserves

Azerbaijan holds 7,000,000,000 barrels of proven oil reserves as of 2025, ranking #19 in the world and accounting for about 0.40% of the world's total oil reserves of 1,765,151,568,000.

Azerbaijan has proven reserves equivalent to 171.8 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 172 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Azerbaijan

Oil Consumption in Azerbaijan (2024)

See also: List of countries by Oil Consumption

• Azerbaijan consumes 111,631 barrels per day (B/d) of oil as of the year 2024.
• Azerbaijan ranks #77 in the world for oil consumption, accounting for about 0.11% of the world's total consumption of 102,559,503 barrels per day.
• Azerbaijan consumes 0.45 gallons of oil per capita every day (based on the 2024 population of 10,336,577 people), or 166 gallons per capita per year (4 barrels). [1 barrel = 42 US Gallons]

Oil Production in Azerbaijan (2024)

See also: List of countries by Oil Production

• Azerbaijan produces 597,137 barrels per day of oil (as of 2024) ranking #28 in the world.
• At 2024 production levels, Azerbaijan produces every year about 3.11% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Azerbaijan exported 86% of its oil production (679,860 barrels per day out of 795,006 produced).

History of Oil Consumption and Production