Azerbaijan fulfills commitments under OPEC+ deal in June
Energy
- 10 July, 2021
- 08:31
Azerbaijan fulfilled its commitments under the OPEC+ deal in June 2021. The volume of oil production (including condensate) in the country amounted to 705,100 barrels, Report informs referring to the Azerbaijani Energy Ministry.
Of this production volume, 610,000 barrels account for crude oil and 95,100 barrels for condensate.
“By producing 610,000 barrels of oil per day in June, Azerbaijan has fulfilled its commitments within the OPEC+ deal,” the message says.
The ministry reminded that under the agreements reached at the ministerial meetings of the OPEC+ countries, the average daily oil production in Azerbaijan in June was set at 610,000 barrels, and in July – 620,000 barrels.
Latest News
17:04
Baku to host IsDB Group's Private Sector Forum in June
Business17:00
Kallas to discuss Irish alumina supplies to Russia in Dublin amid growing EU pressure
Other countries16:55
SWIFT: Global payment ecosystem enters new transformation phase
Finance16:50
Azerbaijan eyes instant payment links with Türkiye, UAE
Finance16:42
Ukraine aims to strike targets up to 2,000 km away
Other countries16:35
Photo
Azerbaijan, TikTok mull amendments to legislation on children's access to social networks
ICT16:35
Azerbaijani official urges responsible use of AI by youth
Domestic policy16:17
Von der Leyen: EU launching first phase of accession talks with Ukraine and Moldova
Other countries16:17