Azerbaijan's oil production, including gas condensate, is expected to average around 0.58 million barrels per day (bpd) until 2027, "Caspian Energy Media" reports.

The country's oil output has been steadily declining in recent years, falling from 0.79 million bpd in 2019 to 0.65 million bpd in 2023, primarily due to the aging of key oil fields such as Azeri-Chirag-Guneshli (ACG).