Daily oil production was amounted to 749 thousand barrel on August in Azerbaijan. 686 thousand of this was crude oil, while 63 thousand barrels was condensate. 501 thousand barrels crude oil, 59 thousand barrels condensate and 4,5 thousand oil products was daily exported, APA-Economics reports citing the Ministry of Energy.
Azerbaijan has completely fulfilled its commitment by reducing daily oil production by 20 thousand barrels within the framework of the agreement of maintaining the production in the volume of daily 776 thousand barrels.
According to the information, daily average oil production was amounted to 769 thousand barrels in the country in Jan-August of the current year.
Ministry of Energy was admitted the information about the daily oil production for August to the OPEC’s Joint Monitoring Committee’s Joint Technical Commission.
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