OPEC has raised its forecast for average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2021, Eurasia Diary reports citing APA.
According to the report, daily production of oil and other liquid hydrocarbons in Azerbaijan for 2021 is expected to be 760 thousand barrels which are 30.000 barrels more in comparison to the previous forecast.
It is noted that average daily production of oil and other liquid hydrocarbons in Azerbaijan was 730 thousand barrels in 2020. This indicator is 60 thousand barrels few in comparison to the indicator of 2019.