The Energy Information Administration (EIA) under the US Department of Energy has not changed its forecast on daily oil and other liquid hydrocarbon production in Azerbaijan for 2023-2024, APA-Economics reports monthly report of EIA.
The next year the daily production of oil and other liquid hydrocarbons in Azerbaijan is expected to be 660 thousand barrels, which is equal to the previous forecast.
According to the forecast, the daily production of oil and other liquid hydrocarbons in Azerbaijan will account for 650 thousand barrels (the forecast has not changed) this year.
The report states that last year, the daily production of liquid hydrocarbons in the country settled at the level of 670,000 barrels.