Azerbaijan shares 2025 oil production forecast for Surakhani field

Oil production from Azerbaijan’s Surakhani field is projected to reach 1.03 million barrels in 2025, Report informs.

As indicated in the Chamber of Accounts' opinion on the State Oil Fund of Azerbaijan's (SOFAZ) budget for 2025, this is 0.01 million barrels (0.96%) lower than the 2024 prediction and 0.02 million barrels (1.9%) less than the actual production in 2023.

In 2024, oil production was expected to be 1.04 million barrels, while in 2023, the production stood at 1.05 million barrels.