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 2026-2027, APA-Economics reports, citing the EIA’s monthly report.
The country’s average daily production of oil and other liquid hydrocarbons in 2027 will stand at 540,000 barrels (forecast unchanged).
The EIA estimates that Azerbaijan’s daily production of oil and other liquid hydrocarbons will amount to 540,000 barrels in 2026 (forecast unchanged).
According to the report, the mentioned indicator in Azerbaijan stood at 570,000 barrels in 2025. In 2024, Azerbaijan’s daily production of oil and other liquid hydrocarbons amounted to 600,000 barrels.
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