U.S. Dept of Energy maintains forecast for Azerbaijan's liquid hydrocarbon production in 2026-2027

BAKU. Nov 11 (Interfax) - The U.S. Department of Energy's Energy Information Administration (EIA) forecasts daily production of liquid hydrocarbon in Azerbaijan at 0.55 million barrels per day (bpd) in 2026 and 0.53 million bpd in 2027.

According to the agency's monthly reviews, the EIA's November forecasts for Azerbaijan for 2026 and 2027 fully match the October ones.

According to the document, liquid hydrocarbon production in Azerbaijan amounted to 0.56 million bpd in Q1 2026 and to 0.55 million bpd each in Q2 and Q3. The figure is also expected at 0.55 million bpd in Q4 (matching the October forecast).

Liquid hydrocarbon production in the country is expected at 0.54 million bpd in Q1 2027, 0.53 million bpd in Q2, and 0.52 million bpd each in Q3 and Q4. The estimate matches the October forecasts.

According to the EIA, liquid hydrocarbon production in Azerbaijan amounted to 0.57 million bpd in 2025.