OPEC keeps forecast on hydrocarbons production in Azerbaijan unchanged

Organization of Petroleum Exporting Countries (OPEC) has not changed its forecast on average daily production of oil and other hydrocarbons in Azerbaijan for 2021, Report informs.

Thus, the average daily production of oil and other hydrocarbons in Azerbaijan for 2021 is expected to be 730 thousand barrels, relevant to the previous forecast.

It is noted that the average daily production of oil and other hydrocarbons in Azerbaijan for 2020 was 730 thousand barrels last year. It is 60 thousand barrels less than the 2019 indicator.