Azerbaijan reveals level of fulfillment of daily oil output quota for November

Azerbaijan’s oil production made up 669,000 bpd in November 2022, Report informs, citing the Ministry of Energy.

Of this, 550,000 barrels were crude oil, and 119,000 barrels – condensate.

According to the OPEC+ deal, the oil production in Azerbaijan was reduced from August’s 717,000 bpd to 684,000 bpd starting from November 2022.

In general, compared to October, the OPEC cut oil production by 744,000 bpd in November to 28.83 million barrels.

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