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