BAKU, Azerbaijan, August 20. Azerbaijan exported 358,800 tons of crude oil and petroleum products derived from bituminous rocks worth $253.1 million to Bulgaria in January-July 2026, according to Azerbaijan’s State Customs Committee.
According to TurkicWorld’s calculations based on foreign trade customs statistics from Azerbaijan’s State Customs Committee, the value of these exports increased by $204.9 million, or 5.2 times, while volumes rose by 279,600 tons, or 4.5 times, compared with the same period in 2025.
According to the committee, Azerbaijan exported 79,300 tons of crude oil and petroleum products derived from bituminous rocks to Bulgaria in January-July 2025, valued at $48.2 million.
Overall, Azerbaijan exported 12.72 million tons of crude oil and crude oil products derived from bituminous rocks worth $8.03 billion in the first seven months of 2026. Compared with the same period last year, the value increased by $372.7 million, or 4.9%, while volumes declined by 1.7 million tons, or 12.1%.
Azerbaijan is implementing several major projects aimed at maintaining oil production and increasing output over the longer term. BP, the operator of the country’s main oil fields, is implementing new investment programs to improve production efficiency.
Garry Johns, BP’s regional president for Azerbaijan, Georgia and Türkiye, said the company continues to expand its activities at the Azeri-Chirag-Gunashli (ACG) field.
He said new wells are being drilled at ACG, existing infrastructure is being upgraded and new technologies are being introduced to support long-term production.
"We continue to invest in ensuring long-term production at ACG. Drilling new wells, maintaining the reliability of platforms and introducing technological innovations are key elements of this strategy," the BP executive said.
The company is also continuing appraisal work at the Shafag-Asiman prospective structure and development of the Karabakh field. In addition, BP is expanding efforts to study new geological structures in the Caspian Sea and identify additional hydrocarbon resources.
BP said the new projects are intended not only to offset the natural decline in existing production but also to preserve Azerbaijan’s energy export potential over the long term. The company’s investment programs are also aimed at supporting the sustainable development of Azerbaijan’s oil and gas sector and strengthening energy security.
