Baku 2° C
Azerbaijan fulfils its quota within OPEC agreement by 78%
Energy
- 17 March, 2023
- 07:02
In February 2023, Azerbaijan's daily oil production (including condensate) was 648,000 barrels (531,000 barrels of crude oil and 117,000 barrels of condensate).
Report informs, citing the Ministry of Energy, that Azerbaijan has thereby fulfilled its quota by 77.6%
Under the OPEC+ agreement, Azerbaijan's obligation to reduce daily oil production is 33,000 barrels, and the quota is 684,000 barrels.
Author
Latest News
09:30
At least two US service members, one American civilian killed in ambush in Syria
Other countries09:11
Video
AnewZ investigation: Ruben Vardanyan's offshore networks, political role
Media18:20
Elchin Amirbayov: Azerbaijan made key contribution to Europe's energy security
Energy18:11
Amirbayov: Zangazur Corridor uniting several strategic routes at once
Foreign policy17:51
Foreign investments in Azerbaijan's economy increase 28.7%
Finance17:38
Azerbaijan, Apple mull projects to create regional digital hub
ICT17:20
Azerbaijan, Nvidia considering joint initiatives to implement technologies in strategic areas
ICT17:00
Azerbaijan, OpenAI mull creation of infrastructure for sovereign artificial intelligence
ICT16:38