15:21 - 13.03.2024

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March 13, Fineko/abc.az. In February 2024, daily oil production (with condensate) in Azerbaijan reached 598,000 barrels.

ABC.AZ reports with reference to the Ministry of Energy that crude oil accounted for 476,000 barrels of total production, and 122,000 barrels of condensate.

According to the agreement reached at the 36th meeting of OPEC+ ministers, by the end of 2024, the daily quota for crude oil production for Azerbaijan is 551,000 barrels.

Thus, in February, Azerbaijan fell behind its quota within OPEC+ by 75,000 b/d.