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EIA updates forecast for liquid hydrocarbon production in Azerbaijan

The U.S. Energy Information Administration (EIA) under the U.S. Department of Energy has updated its forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2025–2026, APA-Economics reports citing EIA's monthly report.

In 2025, the average daily oil production in the country will be at the level of 570 thousand barrels (the forecast remains unchanged).

According to EIA’s estimate, next year this figure in the country will amount to 540 thousand barrels (the forecast remains unchanged).

According to the report, in 2024, the daily production of oil and other liquid hydrocarbons in Azerbaijan was 600 thousand barrels.

 

 

 

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