The U.S. Energy Information Administration (EIA) under the Department of Energy has updated its forecast for Azerbaijan’s average daily production of oil and other liquid hydrocarbons for 2025–2026, APA-Economics reports, citing the EIA’s monthly report.
In 2025, the country’s average daily oil production will amount to 570 thousand barrels (the forecast remains unchanged).
According to the EIA’s estimates, in the following year, the mentioned indicator in the country will amount to 540 thousand barrels (the forecast remains unchanged).
According to the report, in 2024, daily production of oil and other liquid hydrocarbons in Azerbaijan amounted to 600 thousand barrels.