Forecast on oil & gas production in Azerbaijan until 2029 from The Economist

12:55 - 9.10.2024


October 9, Fineko/abc.az. The daily production of oil and natural liquefied gas (Crude Oil & GL Production) in Azerbaijan this year will amount to 662,000 barrels.

ABC.AZ reports, referring to the forecast of The Economist Intelligence Unit (EIU), the research and analysis unit of The Economist Group.

The EIU predicts a relative decrease in daily oil and gas production in Azerbaijan in the coming years.

Thus, according to forecasts of analytical group The Economist, daily oil and gas production in Azerbaijan in 2025 will amount to 657,000 barrels, in 2026 - 654,000, in 2027 - 652,000, and in 2028 - 650,000 barrels.