2021: EIA forecasts Azerbaijan's oil production at 610,000 bpd, 2022 at 650,000 bpd.

The US Energy Information Administration (EIA) has forecasted Azerbaijan's oil production to average 610,000 barrels per day in 2021, consistent with previous estimates. For 2022, the EIA predicts a slightly lower production of 650,000 barrels per day, 10,000 barrels less than the previous projection. Last year, Azerbaijan's daily liquid hydrocarbon production was 620,000 barrels.

August 07, 2024
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