OPEC announced its forecast for production of liquid hydrocarbons in Azerbaijan

71

OPEC has reduced its forecast for average daily oil and other liquid hydrocarbons in Azerbaijan, APA-Economics reports citing monthly report of OPEC.

According to the report as of 2021, daily oil and other liquid hydrocarbons production in Azerbaijan are expected to be 770 thousand barrels, which is 20 thousand barrels less in comparison to the previous forecast.

According to the forecast, the mentioned indicator is expected to be 800 thousand barrels in 2022.