Azerbaijan oil price seen at $77.3 per barrel in 2025, central bank governor says

Reuters

01-22

Azerbaijan oil price seen at $77.3 per barrel in 2025, central bank governor says

BAKU, Jan 22 (Reuters) - The head of Azerbaijan's central bank said on Wednesday that the average price of Azerbaijani oil was seen at $77.3 per barrel in 2025 and the average gas price at $349 per 1,000 cubic metres.

Inflation is forecast at 5.5% in 2025 and at 3.8% in 2026, Taleh Kazimov said at a press conference.

(Reporting by Nailia Bagirova; Writing by Lucy Papachristou; Editing by Mark Trevelyan)

((Lucy.Papachristou@thomsonreuters.com;))

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