EIA Releases Forecast for Oil Production in Azerbaijan for 2027
The Energy Information Administration (EIA) of the U.S. Department of Energy forecasts an average daily oil production in Azerbaijan for 2027 at the level of 540 thousand barrels.
As reported by Report, this information is included in the March edition of the EIA's 'Short-Term Energy Outlook' report.
In February, the agency forecasted the same volume of oil production for 2027.
In the first quarter of the following year, the average daily oil production in the country is expected by the U.S. Department of Energy to be 550 thousand barrels, in the second quarter - 540 thousand, and in the third and fourth quarters of 2027 - 530 thousand barrels.
Similar figures were also forecasted in the February edition of the report.
