Azerbaijan used 71.8% of OPEC quota in September

16:28 - 19.10.2023


October 19, Fineko/abc.az. This September, daily oil production (together with condensate) in Azerbaijan totaled 607,000 barrels.

ABC.AZ reports with reference to the Ministry of Energy, 491,000 barrels of them were crude oil and 116,000 barrels - condensate.

Thus, Azerbaijan used the OPEC quota by 71.8%.
Within OPEC+ cooperation, Azerbaijan's commitment on cuts by the end of 2023 is 33,000 b/d, and the quota on daily crude oil production – 684,000 barrels.