OPEC didn't change its forecast on production of liquid hydrocarbons in Azerbaijan

OPEC didn
# 14 June 2022 16:46 (UTC +04:00)

The Organization of the Petroleum Exporting Countries (OPEC) has not changed its forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2022, APA-Economics reports citing OPEC's monthly report.

According to OPEC, the figure will be 800,000 barrels (the same as in May) in 2022.

According to the report, the daily production of oil and other liquid hydrocarbons in Azerbaijan in 2021 amounted to 700,000 barrels.

Notably, in 2020, the average daily production of oil and other liquid hydrocarbons in Azerbaijan was 730,000 barrels, which is 60,000 barrels less than in 2019.

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