Baku: The U.S. Energy Information Administration (EIA), under the U.S. Department of Energy, has released an updated forecast for Azerbaijan’s average daily production of oil and other liquid hydrocarbons for the years 2025 and 2026. The update was reported by APA-Economics, citing the EIA’s monthly report.

According to Azeri-Press News Agency, the EIA forecasts that Azerbaijan’s average daily oil production will remain steady at 570 thousand barrels in 2025, with no changes to previous projections. For 2026, the EIA maintains that the average daily production will be 540 thousand barrels, also unchanged from earlier estimates.

In 2024, Azerbaijan’s daily production of oil and other liquid hydrocarbons was recorded at 600 thousand barrels. The EIA’s report reflects consistent production levels over the forecasted period.