Bank Of Baku

US announces outlook for liquid hydrocarbon production in Azerbaijan

US announces outlook for liquid hydrocarbon production in Azerbaijan
# 07 April 2026 21:30 (UTC +04:00)

Energy Information Administration (EIA) under the US Department of Energy has updated its forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2026-2027, APA-Economics reports citing the monthly report of the EIA.

An average daily production of oil and other liquid hydrocarbons in the country in 2027 will be at the level of 540 thousand barrels (the forecast has not changed).

According to the EIA's assumption, the daily production of oil and other liquid hydrocarbons in the country in 2026 will be 540 thousand barrels (the forecast has not changed).

According to the report, the mentioned indicator in Azerbaijan was 570 thousand barrels in 2025. In 2024, the daily production of oil and other liquid hydrocarbons in Azerbaijan was 600 thousand barrels.

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