Azerbaijan fully fulfilled its OPEC + commitment in January

Azerbaijan fully fulfilled its OPEC + commitment in January
  • Clock-gray 12:24
  • calendar-gray 11 February 2021

In January of 2021, daily oil production (together with condensate) over Azerbaijan was 752 thousand barrels. 593 thousand barrels of it made up crude oil, while 159 thousand barrels condensate, the Ministry of Energy told APA-Economics.

It has been noted that according to cooperation declaration Azerbaijan, which produced 718,000 barrels of crude oil per day in October 2018, should reduce daily crude oil production by 123,000 barrels in January 2021 and maintain 595,000 barrels.

Emil Ismayilov

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