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EIA keeps its forecast on Azerbaijan’s Q3 oil production unchanged
Energy
- 11 August, 2021
- 06:06
The U.S. Energy Information Administration (EIA) has left its forecast on Azerbaijan’s oil production in the third quarter of 2021 unchanged at 700,000 barrels, Report informs, referring to Short-Term Energy Outlook – August 2021.
At the same time, the forecast is 40,000 barrels or 6.06% more than the figures in the third quarter of 2020.
Note that Azerbaijan’s average oil output is expected to be 720,000 barrels in 2021.
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