"Fitch Ratings" international rating agency announced the forecast of average daily export of liquid hydrocarbons (oil and gas condensate - ed.) from Azerbaijan until 2032.

"APA-Economics" reports with reference to the Agency that in the next few years (2023-2025), the export of liquid hydrocarbons in Azerbaijan will increase, and then it will gradually decrease.

Thus, if we take the interval between 2020-2031, the highest indicator for the export of liquid hydrocarbons - 616.1 thousand barrels, will be recorded in 2025.

According to the forecast, the lowest indicator for the export of liquid hydrocarbons - 568.4 thousand barrels - is expected to be recorded in 2031.

Indicators covering the years 2020-2031 on the export of liquid hydrocarbons from Azerbaijan:

Export of liquid hydrocarbons in Azerbaijan - 2020-2025

Indicators

2020

2021

2022

2023

2024

2025

Exports, thousand barrels/day

616

606.1

574.1

594.4

614.3

616.1

Comparison with last year, in %

-8

-1.6

-5.3

3.5

3,4

0.3

Export of liquid hydrocarbons in Azerbaijan - 2026-2031

Indicators

2026

2027

2028

2029

2030

2031

Exports, thousand barrels/day

600

591.5

585.8

580.1

574.6

568.4

Comparison with last year, in %

-2.6

-1.4

-1

-1

-0.9

-1.1