EIA increases its forecast on oil production for Azerbaijan

EIA increases its forecast on oil production for Azerbaijan
# 12 March 2020 09:54 (UTC +04:00)

Energy Information Administration under the US Ministry of Energy has changed its forecast on daily oil production for Azerbaijan in 2020-2021, APA-Economics reports citing EIA.

Average daily oil production will be 770 thousand barrels in Azerbaijan this year and it is 10 thousand barrels more than the previous forecast.

It has been noted in the information daily oil production will be 750 thousand barrels in the next year in Azerbaijan (according to the forecast for February, it should be 740 thousand barrels). 

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