The Organization of the Petroleum Exporting Countries (OPEC) has not changed its forecast on the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2023, APA-Economics reports citing the monthly report of OPEC.
According to the OPEC report, in 2022, the mentioned indicator will be at the level of 700 thousand barrels.
The forecast also states that in 2023, the average daily production of oil and other liquid hydrocarbons in the country is predicted to be at the level of 800,000 barrels, which is 49,000 barrels more than the previous forecast.