The Azeri-Chirag-Guneshli (ACG) oil and gas block in the Azerbaijani sector of the Caspian Sea is expected to produce 170.1 million barrels of oil, APA-Economics reports that this is stated in the opinion of the Chamber of Accounts on the draft budget of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for 2022.
Note that this is 1.5 million barrels or 0.87% less than the forecast for 2021.