Baku 24° C
EIA releases oil production forecast for Azerbaijan for 2027
Energy
- 11 March, 2026
- 09:24
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Energy Information Administration (EIA) of the US Department of Energy forecasts average daily oil production in Azerbaijan at 540,000 barrels in 2027, reads the March issue of the EIA Short-Term Energy Outlook, Report informs.
In February, the agency forecast the same oil production volume for 2027.
The US Department of Energy expects average daily oil production in the country at 550,000 barrels in the first quarter of next year, 540,000 barrels in the second quarter, and 530,000 barrels in the third and fourth quarters of 2027.
Similar figures were also forecast in the February issue of the update.
Author
EIA 2027-ci il üçün Azərbaycanda neft hasilatı proqnozunu açıqlayıb
EIA раскрыло прогноз по добыче нефти в Азербайджане на 2027 год
Latest News
20:35
International coalition calls Armenia's hosting of COP17 a double standard
Foreign policy
20:20
Video
Video on Patriotic War shared on President Ilham Aliyev's social media accounts
Domestic policy
20:10
Ilham Aliyev congratulates National Paralympic Committee on 30th anniversary
Domestic policy
19:51
Celal Çiftçi publicly apologizes to Azerbaijan after being placed on wanted list
Foreign policy
19:37
Sweden to provide Ukraine with new $52.3 million aid package to support civilians during winter
Other countries
19:06
Azerbaijan readmits 52 people from European countries in September
Foreign policy
18:59
Photo
Azerbaijan, UAE discuss prospects for special forces cooperation
Military
18:41
CBA chairman links pace of economic diversification to 2027–2030 reforms
Finance
18:34
Taleh Kazimov: Rising oil and gas prices increase Azerbaijan's current account surplus
Finance