The International Energy Agency (IEA) has revealed its forecast for average daily crude oil production in Azerbaijan for 2030, APA-Economics reports, citing the Agency's report "Oil 2025: Analysis and forecast to 2030".
According to the report, the figure in 2030 will be 420 thousand barrels (excluding condensate - ed.), which is 60 thousand barrels less than the figure in 2024.
The report notes that in 2024, daily crude oil production in Azerbaijan amounted to 480 thousand barrels.