IEA: Azerbaijan lagged behind OPEC+ oil production quota by 80,000 bpd in March

Oil production in Azerbaijan in March 2025 amounted to 0.47 million barrels per day (bpd), remaining at the level of February, Report informs referring to the International Energy Agency (IEA).

According to IEA analysts, oil production in Azerbaijan in March lagged behind the plan under the OPEC+ deal by 0.08 million bpd.

According to the agreement reached at the 37th meeting of OPEC+ ministers, Azerbaijan's oil production quota for 2025 is 0.551 million bpd.