The U.S. Energy Information Administration (EIA) forecasts Azerbaijan's average daily oil production in 2027 at 520,000 barrels, according to the September issue of its Short-Term Energy Outlook.
The oil production forecast for 2027 remains unchanged from August.
In the first quarter of next year, average daily oil production in the country is expected to be 530,000 barrels, matching the August forecast. In the second and third quarters of 2027, daily oil production in Azerbaijan is projected at 520,000 barrels, also in line with the previous month's outlook.
According to the EIA, in the fourth quarter of 2027, average daily oil production in Azerbaijan will be 510,000 barrels, as forecast a month earlier.