EIA discloses forecast for oil and condensate production in Azerbaijan in 2026

The Energy Information Administration of the US Department of Energy (EIA) forecasts average daily oil and condensate production in Azerbaijan in 2026 at 610,000 barrels, which corresponds to the February figure, Report informs referring to the EIA.

According to the forecasts of the Administration, production will amount to 630,000 b/d (February forecast - 630,000 b/d) in the first quarter, 610,000 b/d (620,000 b/d) in the second quarter, 600,000 b/d (610,000 b/d) in the third quarter, and 600,000 b/d (600,000 b/d) in the fourth quarter. In 2024, the production of liquid hydrocarbons in the country amounted to 600,000 b/d. It was at the level of 600,000 b/d in the first quarter, 590,000 b/d in the second and third quarters, 600,000 b/d in the fourth quarter.