15:21 - 17.06.2025

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June 17, Fineko/abc.az. Azerbaijan's oil production stood at 470,000 b/d in May - up from 450,000 b/d in April 2025.

ABC.AZ reports, referring to the International Energy Agency (IEA).

The IEA estimates Azerbaijan fell short of its OPEC+ quota by 80,000 b/d in May. OPEC previously reported that Azerbaijan's average daily production in May was 462,000 b/d - 89,000 b/d below its quota.

At OPEC+'s 37th ministerial meeting, Azerbaijan’s production quota for 2025 was set at 551,000 b/d.