Gas exports from Shah Deniz amounted to 15.923 billion cubic metres (bcm) in the first eleven months of this year, 44.4 percent up from the same period last year.

The ministry said that oil production in November was below the country's quota under OPEC+ commitments at 647,000 bpd.

The leaders of Azerbaijan and Armenia appeared to make progress on issues preventing the conclusion of a peace deal - particularly the opening of communications links.

Gross domestic product (GDP) grew 5.3 percent in January-November this year from a year earlier mainly backed by the growth in the non-oil sector.

Earlier this year, Petronas decided to sell its 15.5 percent stake in the project.