Oil production in Azerbaijan drops to 448,000 b/d in August

17:14 - 10.09.2026


September 10, Fineko/abc.az. Azerbaijan's average daily oil production totaled 448,000 barrels in August 2026, according to OPEC's monthly update.

According to the OPEC, Azerbaijan's daily oil production last month was 7,000 barrels lower than in July.

While Azerbaijan's daily oil production quota for 2026 under the OPEC+ agreement is 551,000 barrels, actual production in August was 103,000 barrels below the quota.

Azerbaijan's average daily oil production reached 454,000 barrels in the 1st quarter of this year, while the figure stood at 457,000 barrels in the 2nd quarter.

In 2025, Azerbaijan's average daily oil production amounted to 461,000 barrels.