15:46 - 10.03.2020

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March 10, Fineko/abc.az. The daily oil production in Azerbaijan as of February 2020 amounted to 750,600 bpd, including 667,400 bpd of crude oil and 83,200 bpd of condensate, ABC.AZ was informed at the Ministry of Energy.

Azerbaijan exported 530,300 bpd of crude oil, 79,600 bpd of condensate, and 12,400 bpd of petroleum products.

Azerbaijan fulfilled its obligations on keeping the daily oil production in the amount of 769,000 bpd.

It should be noted that at the 7th meeting of the Ministers of OPEC and non-OPEC countries, on 6 December 2019, “in accordance with the adopted agreement Azerbaijan's obligation is set at the level of 27,000 barrels. The implementation of the Declaration of Cooperation will be completed at the end of March 2020.