EIA keeps Azerbaijan’s 2025–2026 oil production forecasts unchanged

The U.S. Energy Information Administration (EIA) has maintained its forecasts for Azerbaijan’s liquid hydrocarbon output for 2025 and 2026.

 Azerbaijan’s oil and condensate production in 2025 is expected to average 570,000 barrels per day, unchanged from the October outlook.
Actual production stood at 570,000 barrels per day in the first and second quarters, and is projected at 560,000 barrels for both the third and fourth quarters.

For 2026, EIA forecasts daily liquid hydrocarbon output at 540,000 barrels — with 550,000 in Q1, 540,000 in Q2, and 530,000 barrels per day in both Q3 and Q4.

In 2024, Azerbaijan’s production averaged 600,000 barrels per day, with 600,000 in Q1 and Q4, and 590,000 in Q2 and Q3.

N.Tebrizli