The U.S. Energy Information Administration (EIA) has revised down its forecast for the average daily production of petroleum and other liquids in Azerbaijan for 2024, APA reports.
In 2024, Azerbaijan’s petroleum and other liquids production is expected to be 650,000 barrels per day,which is 10,000 barrels less than in the previous forecast..
According to the forecast, the petroleum and other liquids production in Azerbaijan this year will account for 650,000 barrels per day.
Last year, Azerbaijan’s liquids production amounted to 670,000 barrels per day, which is equal to the previous forecast.
In 2021, Azerbaijan’s petroleum and other liquids production was an estimated 720,000 barrels per day.
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