Azerbaijan to increase gas production by 8% this year - FORECAST

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12 April 2021

According to the updated forecasts of the International Monetary Fund (IMF), the volume of Azerbaijan's daily natural gas production will reach 670 thousand barrels or 110,04 million cubic meters in oil barrel equivalent this year, APA-Economics reports.

This is 8,1% more in comparison to 2020, according to the April edition of the International Monetary Fund's Regional Economic Outlook for the Middle East and Central Asia

For 2022, Fund’s daily gas production forecast for the country is equal to 710 thousand barrels or 116,61 mln. cubic meters. 

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