EIA not changed its forecast on oil production for Azerbaijan

EIA not changed its forecast on oil production for Azerbaijan
  • Clock-gray 09:40
  • calendar-gray 10 February 2021

Energy Information Administration under the US Ministry of Energy has not changed its forecast on daily production of oil and other hydrocarbons for Azerbaijan in 2020, APA-Economics reports citing EIA.

Average daily production of oil and other hydrocarbons will be 730 thousand barrels in Azerbaijan this year.

 

According to the forecast of the EIA, daily oil production will increase in the country in 2021 and will be 780 thousand barrels.

According to the indicators of the EIA, average daily production of oil and other hydrocarbons in Azerbaijan was 710 thousand barrels in the previous year.

Emil Ismayilov

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