IEA: Azerbaijan lagged behind OPEC+ quota by 100,000 barrels per day in April

Energy
  • 13 May, 2026
  • 13:06
IEA: Azerbaijan lagged behind OPEC+ quota by 100,000 barrels per day in April

In April 2026, Azerbaijan's oil production averaged 450,000 barrels per day, Report informs, citing the International Energy Agency (IEA).

According to the IEA's monthly report, this represents a decline of 10,000 barrels per day (2.2%) compared to March.

IEA analysts calculated that Azerbaijan's April output was 101,000 barrels per day below the OPEC+ quota.

Under the OPEC+ agreement, Azerbaijan's 2026 production quota is set at 551,000 barrels per day.