Azerbaijan to raise oil production to 35M tons

In 2022, Azerbaijan will produce 34,830,300 tons of crude oil, said the bill "On the state budget envelope for 2022."

Report informs that, according to the document, in 2023, Azerbaijan is projected to produce 35,752,700 (2.65% more than the 2022 estimate) tons of crude oil.

In 2024, the country will provide 35,672,000 tons of crude oil, which is 0.22% less than the production forecast for 2023.

The forecast shows that 34,707,600 tons of crude oil will be produced in Azerbaijan in 2025, 2.7% less compared to the outlook for 2024.