Azerbaijan reduces daily oil production in November

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# 12:01
10 December 2019

Daily oil production in Azerbaijan amounted to 776 thousand barrels in November which is by 58 thousand barrels less than in October, Azerbaijan’s Energy Ministry told “APA-Economics”.

The total oil production volume included 687 thousand barrels of crude oil and 89 thousand barrels of condensate. And 577 thousand barrels of crude oil, 82 thousand barrels of condensate, and 26.4 thousand barrels of oil products were exported daily.

 

Note that in the framework of the Agreement dated December 7, 2018 to keep daily oil production at the level of 776 thousand barrels, Azerbaijan has fully implemented its obligation assumed in regard to daily reduction of production by 20 thousand barrels. Note that during January-November of the current year, the average daily oil production amounted to 764 thousand barrels.

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