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EIA publishes its oil production forecast for Azerbaijan
Energy
- 15 January, 2025
- 05:53
The US Energy Information Administration (EIA) forecasts that Azerbaijan's average oil production in 2025 will be at 630,000 barrels per day, which is consistent with the December forecast, Report informs, citing the EIA.
According to the administration, oil production in the first quarter of 2025 is expected to be at 610,000 barrels per day and this figure will increase in the following months. Specifically, production will reach 620,000 barrels in the second quarter, and 640,000 barrels in both the third and fourth quarters.
EIA forecasts that Azerbaijan's average oil production in 2026 will be at 620,000 barrels per day.
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