EIA remains Azerbaijan’s 2024 daily oil production forecast

23 November 2024

EIA remains Azerbaijan’s 2024 daily oil production forecast unchanged

12:01 10 July 2024 Read: 883

EIA remains Azerbaijan’s 2024 daily oil production forecast unchanged

In 2024, average daily oil production in Azerbaijan is projected to be 610,000 barrels, AzVision.az reports citing the July release of the Short-Term Energy Outlook of the Energy Information Administration (EIA) of the US Department of Energy.

The oil production forecast for this year is the same as the June forecast.

The agency believes that in the third quarter of 2024, the forecast for average daily oil production in Azerbaijan will be 610,000 barrels, the same as the June forecast, and 10,000 barrels, or 1.62%, less than the forecast for daily oil production in the third quarter of 2023.

In the fourth quarter of 2024, the forecast for average daily oil production in Azerbaijan will be 620,000 barrels, the same as the June forecast, and 10,000 barrels, or 1.64%, more than the forecast for daily oil production in the fourth quarter of 2023.

AzVision.az

More about: Azerbaijan US EIA

News Line

Spain fines budget airlines including Ryanair €179m

Spain fines budget airlines including Ryanair €179m

Rapper Sean 'Diddy' Combs returns to jail as judge considers bail bid

Rapper Sean 'Diddy' Combs returns to jail as judge considers bail bid

Benjamin Netanyahu arrest warrant: Where can he still go in Europe?

Benjamin Netanyahu arrest warrant: Where can he still go in Europe?

Deputy Chairman of New Azerbaijan Party attends 12th ICAPP General Assembly

Deputy Chairman of New Azerbaijan Party attends 12th ICAPP General Assembly

Ambassador of Brazil: We hope COP30 will be acclaimed for its high-level organization

Ambassador of Brazil: We hope COP30 will be acclaimed for its high-level organization

Leyla Aliyeva participates in tree-planting campaign in Baku

Leyla Aliyeva participates in tree-planting campaign in Baku

German FM: Finance and mitigation are key to combating climate change

German FM: Finance and mitigation are key to combating climate change

Azerbaijani FM voices concern over unfounded smear campaign against nation

Azerbaijani FM voices concern over unfounded smear campaign against nation

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

Milli Majlis Speaker Sahiba Gafarova takes the floor at 57th plenum of CIS member states’ Inter-Parliamentary Assembly

Milli Majlis Speaker Sahiba Gafarova takes the floor at 57th plenum of CIS member states’ Inter-Parliamentary Assembly

President Ilham Aliyev: ICAPP established itself as prestigious platform for cooperation

President Ilham Aliyev: ICAPP established itself as prestigious platform for cooperation

COP29 Presidency issues statement on climate finance goals and consultation process

COP29 Presidency issues statement on climate finance goals and consultation process

Azerbaijan, Israel to set up new working group for cooperation

Azerbaijan, Israel to set up new working group for cooperation

Azerbaijan initiates creation of the first-ever Global South NGO Platform

Azerbaijan initiates creation of the first-ever Global South NGO Platform

President of Congo meets with Congolese students studying at BHOS

President of Congo meets with Congolese students studying at BHOS

US decision to allow missile strikes deep into Russia fuels global escalation: Slovak PM

US decision to allow missile strikes deep into Russia fuels global escalation: Slovak PM

Azerbaijan, Türkiye discuss green energy supply

Azerbaijan, Türkiye discuss green energy supply

Global Zero Waste initiative gains global momentum at COP29 in Baku

Global Zero Waste initiative gains global momentum at COP29 in Baku

COP29 Presidency issues statement on climate finance goals and consultation process

COP29 Presidency issues statement on climate finance goals and consultation process

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

Azerbaijan marks National Revival Day

Azerbaijan marks National Revival Day

COP29 Lead Negotiator emphasizes Azerbaijan' firm support for the Troika framework

COP29 Lead Negotiator emphasizes Azerbaijan' firm support for the Troika framework

Negotiations over $300-500 billion climate finance target underway at COP29

Negotiations over $300-500 billion climate finance target underway at COP29

Azerbaijan files lawsuit against Armenia at The Hague

Azerbaijan files lawsuit against Armenia at The Hague

UN Sec-Gen: COP29 was very much on agenda of G20 Summit in Rio

UN Sec-Gen: COP29 was very much on agenda of G20 Summit in Rio

Final document of Parliamentary Meeting approved as part of COP29

Final document of Parliamentary Meeting approved as part of COP29

Azerbaijani Foreign Ministry summons French ambassador

Azerbaijani Foreign Ministry summons French ambassador

Baku hosts Parliamentary Meeting as part of COP29

Baku hosts Parliamentary Meeting as part of COP29

Russia President Putin makes phone call to President Ilham Aliyev

Russia President Putin makes phone call to President Ilham Aliyev

Protocol of intent signed for Baku Dialogue on Water for Climate Action

Protocol of intent signed for Baku Dialogue on Water for Climate Action

Azerbaijan, Armenia will resume discussions on peace treaty text next month: Presidential aide

Azerbaijan, Armenia will resume discussions on peace treaty text next month: Presidential aide

COP29: Baku sees continued arrival of world leaders and top executives - UPDATING

COP29: Baku sees continued arrival of world leaders and top executives - UPDATING

Azerbaijani presidential aide criticizes US parliamentarians for their pro-Armenian position

Azerbaijani presidential aide criticizes US parliamentarians for their pro-Armenian position

COP29 adopts decision on work programme for non-market approaches under Paris Agreement

COP29 adopts decision on work programme for non-market approaches under Paris Agreement

News Line
Most Read

23:10 Spain fines budget airlines including Ryanair €179m
22:02 Rapper Sean 'Diddy' Combs returns to jail as judge considers bail bid
21:57 Benjamin Netanyahu arrest warrant: Where can he still go in Europe?
19:42 Deputy Chairman of New Azerbaijan Party attends 12th ICAPP General Assembly
19:41 Ambassador of Brazil: We hope COP30 will be acclaimed for its high-level organization
18:51 Leyla Aliyeva participates in tree-planting campaign in Baku
17:43 German FM: Finance and mitigation are key to combating climate change
17:16 Azerbaijani FM voices concern over unfounded smear campaign against nation
17:04 President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus
17:00 Milli Majlis Speaker Sahiba Gafarova takes the floor at 57th plenum of CIS member states’ Inter-Parliamentary Assembly
16:59 President Ilham Aliyev: ICAPP established itself as prestigious platform for cooperation
16:53 COP29 Presidency issues statement on climate finance goals and consultation process
16:30 Azerbaijan, Israel to set up new working group for cooperation
16:20 Azerbaijan initiates creation of the first-ever Global South NGO Platform
16:10 President of Congo meets with Congolese students studying at BHOS
16:09 US decision to allow missile strikes deep into Russia fuels global escalation: Slovak PM
15:38 Azerbaijan, Türkiye discuss green energy supply
15:11 Global Zero Waste initiative gains global momentum at COP29 in Baku
14:59 Baku hosts panel on “Building Tomorrow: The Legacy of COP29 in Azerbaijan and in the World”
14:59 Azerbaijan and Türkiye discuss projects on green energy supply
14:36 Azerbaijan, Hungary discuss European energy security
14:12 COP29 discusses green initiatives implemented in Africa
13:46 Malmö FF joins climate initiative at COP29
13:32 Trump names Pam Bondi as new pick for attorney general
13:12 COP29 highlights role of algae cultivation in reducing CO2 emissions
13:04 North Korean leader warns of growing risk of nuclear war
12:34 President Ilham Aliyev receives Israel's Minister of Transport and Road Safety
12:32 Haiti summons French ambassador over Macron's remarks
12:09 Leyla Aliyeva and Arzu Aliyeva visit exhibitions at National Art Museum
11:59 Azerbaijan's Milli Majlis criticizes Luxembourg Chamber of Deputies' resolution
11:50 COP29 negotiating groups hold Congress
11:26 Azerbaijan and Chile to cooperate in the field of transport
11:19 Nature is our priority at COP29: UK minister
10:53 Oil prices stabilize in global markets
10:35 Iran orders activation of new advanced centrifuges after anti-Tehran resolution at IAEA
10:16 Azerbaijani oil price surpasses $75
09:55 UN urges restraint as conflict in Ukraine escalates
09:31 Bitcoin price exceeds $99,000
09:16 Azerbaijani presidential aide says Politico’s biased article is vile example of disinformation
08:55 Chairperson of Azerbaijani parliament speaks at CIS Interparliamentary Assembly Council meeting
08:47 Jeyhun Bayramov discusses regional and bilateral issues with his Uzbek counterpart
08:46 Lufthansa flight lands safely at Heydar Aliyev International Airport
23:02 World War III has officially begun, Ukraine’s ex-top general says
22:49 Baku Declaration on SPECA Forum of Climate Smart Cities signed as part of COP29
20:18 Azerbaijan Army’s servicemen attend forum in Saudi Arabia
17:53 Leyla Aliyeva participates in COP29 panel on rare species conversation
17:43 Iceland's Reykjanes Peninsula sees 7th volcanic eruption this year
17:36 António Guterres: I am confident that agreement can be reached
17:23 SOCAR and "Tree Energy Solutions” sign joint study agreement
17:06 ICC issues arrest warrant for Benjamin Netanyahu over war crimes in Gaza
17:01 Azerbaijan’s Agency for State Support to NGOs and Kenya’s SMACHS Foundation sign memorandum
16:58 Bitcoin heading towards the $100,000 level
16:36 Azerbaijani, Egyptian FMs hold phone talk
16:17 ISESCO-organized event on agri–food system held as part of COP29
16:15 French MPs’ Telegram accounts hacked
16:12 Effective management of plastic waste discussed at COP29
16:09 We need agreement on an ambitious new climate finance goal in Baku, UN chief says
16:06 Russia confirms attack with UK-made Storm Shadow missiles on its territory
15:52 IRIA, Google discuss cooperation on artificial intelligence and digital transformation
15:30 UN Sec-Gen: COP29 was very much on agenda of G20 Summit in Rio
15:10 Japan seeks balanced outcomes from COP29 and CMA6
15:07 Kremlin refuses to comment on alleged launch of ICBM on Ukraine
14:58 UN official hails Azerbaijan’s efforts to tackle climate change
14:30 Ukraine claims Russia fired ICBM for first time in war
14:13 COP29 President: Climate change impacts deepen gender-based inequalities
13:55 Pakistani PM's climate aide calls on COP29 president, vows to jointly push for climate finance agenda
13:33 Protocol of intent signed for Baku Dialogue on Water for Climate Action
13:02 Everyone must contribute to climate action - UNFCCC deputy executive secretary
12:41 Foreign investor selected for Gobustan Solar Power Plant construction
12:26 Azerbaijani oil price rises in global markets
12:17 COP29 features discussion on Contribution of indigenous peoples knowledge to addressing climate crisis
12:09 Discussions on just transition to green economy in the labor market underway at COP29
11:38 ANAMA, TikTok reps debate expanding mine threat fight popularization
11:34 Azerbaijani, Turkish naval forces start joint exercise
11:12 COP29 Presidency spotlights tourism, transport, and urbanization
10:58 Mexican radio highlights importance of COP29 in Baku
10:40 Global oil prices surge slightly
10:32 COP29 to adopt Baku Declaration on water management issues
10:09 Scottish Parliament backs COP truce initiative
09:48 Las Vegas man who called 911 for help killed by police in his home
09:25 UN chief Guterres arrives in Azerbaijan
09:10 Panel discussion on inclusion for green world held as part COP29
23:53 Azerbaijan, UAE explore investments in transition to green economy
22:56 VP of Heydar Aliyev Foundation and Head of the Baku Media Center visit inclusive exhibition presented at COP29
20:36 Azerbaijan’s Economy Minister discusses renewable energy with US company at COP29
19:55 Azerbaijan’s PM meets with Iranian Minister of Cultural Heritage, Tourism, and Handicrafts
17:42 Azerbaijani Parliament speaker visits Russia
17:24 AZAL reiterates commitment to sustainable development and environmental protection
16:59 COP29 features roundtable on Greening Urban Transport
16:30 Azerbaijan, International Road Transport Union discuss Middle Corridor development
16:08 Tourism sector is also vulnerable to impact of climate change: COP29 president
16:04 COP29: Türkiye reveals its efforts to combat water scarcity
15:52 Erdogan criticizes US decision to allow Ukraine’s missile system use against Russia
15:42 Azerbaijani Foreign Ministry summons French ambassador
15:30 Azerbaijan joins Glasgow Declaration on Climate Action in Tourism
15:21 Yalchin Rafiyev: Baku decisions to shape the next decade of the Paris Agreement
15:19 US Embassy in Kyiv closes over anticipated ‘significant’ air attack
14:50 COP29 Declaration on Enhanced Action in Tourism launched
14:40 Military institute holds scientific-practical conference
14:28 MoU on construction of Wind Power Plant in Kalbajar signed at COP29
13:59 Russia to address NATO’s engagement in strikes deep inside country - SVR
13:49 Caspian nations sign memorandum as part of Caspian House Platform
13:35 World Health Organization approves 2nd mpox vaccine from Japan
13:18 US approves anti-personnel mines for Ukraine
12:48 Side event on judicial perspectives on climate litigation held within COP29
12:41 UNWTO: COP29 makes history by putting tourism on global climate agenda
12:33 Azerbaijan`s Ministry of Science and Education, WB explore prospects for cooperation
12:25 Inger Andersen: Tourism accounts for 8.8% of global CO2 emissions
12:15 Azerbaijan to host WUF13 and World Environment Day
12:06 Türkiye's Bayraktar TB3 drone makes history with short-deck launch
11:56 COP29: MoU signed to enhance climate resilience through research innovation at Pakistan pavilion
11:51 Oil prices jump in global markets
11:49 Azerbaijan and Pakistan explore prospects of military cooperation
11:31 Leyla Aliyeva visits Kashalata, Baku's first inclusive café
11:24 COP29 President: Urban centers are responsible to more than 70 percent of global CO2 emissions
10:51 First Ministerial Meeting on Enhanced Climate Action in Tourism starts at COP29
10:48 Azerbaijan and Iran discuss military cooperation
10:40 Azerbaijan files lawsuit against Armenia at The Hague
10:30 Azerbaijani oil price decreases
10:14 Azerbaijani presidential aide criticizes US parliamentarians for their pro-Armenian position

11:56 COP29: MoU signed to enhance climate resilience through research innovation at Pakistan pavilion 587
12:06 Türkiye's Bayraktar TB3 drone makes history with short-deck launch 585
16:04 COP29: Türkiye reveals its efforts to combat water scarcity 557
11:49 Azerbaijan and Pakistan explore prospects of military cooperation 556
20:36 Azerbaijan’s Economy Minister discusses renewable energy with US company at COP29 544
12:15 Azerbaijan to host WUF13 and World Environment Day 542
15:42 Azerbaijani Foreign Ministry summons French ambassador 540
13:49 Caspian nations sign memorandum as part of Caspian House Platform 533
11:24 COP29 President: Urban centers are responsible to more than 70 percent of global CO2 emissions 526
11:51 Oil prices jump in global markets 522
14:50 COP29 Declaration on Enhanced Action in Tourism launched 518
16:08 Tourism sector is also vulnerable to impact of climate change: COP29 president 518
17:24 AZAL reiterates commitment to sustainable development and environmental protection 517
17:42 Azerbaijani Parliament speaker visits Russia 513
15:21 Yalchin Rafiyev: Baku decisions to shape the next decade of the Paris Agreement 508

Tell me about Azerbaijan

10:28

2021/11/1635834059.jpg

Drive up high to the remote village of Khinalig – Azerbaijan| PHOTOS

Armenian Aggression

12:13

2021/08/1629188112.jpg

Glorification of Armenian terrorism in California - OPINION

15:49

2023/12/1702641119.jpg

2023 champions honored at FIA Prize Giving event in Baku - NO COMMENT

Azerbaijan in Focus

09:37

2021/10/1634017375.jpg

EURONEWS : Highly skilled art of copperware production lives on in Lahij| VIDEO

23:17

2021/10/1634066358.jpg

Armenia launches criminal case on Serzh Sargsyan's visit to Baden-Baden - CARTOON

19:30

516OIzDe1pL._BO_.jpg

Years of Blood: A History of the Armenian-Muslim Clashes - Audiobook

About us

If you have a story you think we might be interested to know about please email our news team at [email protected] or phone +994 125975052 and ask to be put through to AzVision.

Azvision.az ©2014 | All rights reserved