The U.S. Energy Information Administration (EIA), under the U.S. Department of Energy, has updated its forecast for Azerbaijan’s average daily production of oil and other liquid hydrocarbons for 2026–2027, APA-Economics reports, citing the EIA’s monthly report.
Azerbaijan’s average daily production of oil and other liquid hydrocarbons in 2027 is expected to amount to 540,000 barrels per day (the forecast remains unchanged).
The EIA estimates that in 2026, the country’s daily production of oil and other liquid hydrocarbons will total 540,000 barrels per day (the forecast is unchanged).
According to the report, the figure recorded in Azerbaijan was 570 thousand barrels in 2025. In 2024, daily production of oil and other liquid hydrocarbons in Azerbaijan was 600,000 barrels.