US increases its outlook on Azerbaijan's oil production

US increases its outlook on Azerbaijan
# 08 September 2022 10:58 (UTC +04:00)

Energy Information Administration under the US Ministry of Energy has increased its outlook on daily production of oil and other hydrocarbons in Azerbaijan in 2022-203, APA-Economics reports citing EIA.

The daily production of oil and other hydrocarbons will be 640 thousand barrels in Azerbaijan in 2023 and it is 30 thousand barrels more than the previous outlook.

According to the forecast of the organization, daily oil production will be 670 thousand barrels in the country this year. It is 10 thousand barrels more than the previous forecast (August).

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