EIA increases its outlook on Azerbaijan's oil production for 2021-2022

Energy Information Administration under the US Ministry of Energy has changed its outlook on daily production of oil and other hydrocarbons in Azerbaijan in 2021-2022, SİA reports citing EIA.

The daily production of oil and other hydrocarbons will be 740 thousand barrels in Azerbaijan this year and it is 20 thousand more in comparison to the previous forecast.

According to the forecast of the organization, daily oil production will be 800 thousand barrels in the country in 2022. It is 20 thousand barrels more than the forecast for August.

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