Azerbaijan uses 86.4% of OPEC quota in April

Agshin Rafigoglu
Post's author

In April 2024, the daily production of crude oil (including condensate) in Azerbaijan was 596,000 barrels, Report informs, citing the Ministry of Energy.

Of the mentioned volume, crude oil accounted for 476,000 barrels and condensate made 120,000 barrels.

Thus, Azerbaijan used 86.4% of the OPEC quota.

According to the agreement reached at the 36th meeting of the ministers of OPEC+ countries, Azerbaijan's production quota for 2024 is 551,000 barrels per day.

Latest news

Trade commissioner: UK may become supplier of environmentally friendly technologies to Azerbaijan 31 October, 2024 / 20:53
Number of British companies operating in Azerbaijan revealed 31 October, 2024 / 20:43
Ambassador: Pakistan to be represented at high level at COP29 31 October, 2024 / 20:38
Azerbaijani Foreign Ministry responds to French envoy to Armenia 31 October, 2024 / 20:31
Chilean environment minister to lead COP29 delegation 31 October, 2024 / 20:23
Kindergarten-nursery named after Alim Mammadov inaugurated in Khatai district of Baku after renovation 31 October, 2024 / 20:08
President of Azerbaijan offers condolences to Spain 31 October, 2024 / 20:00
Azerbaijan sees increase in earnings from gold exports 31 October, 2024 / 19:54
8th meeting of COP29 Organizing Committee takes place in Baku 31 October, 2024 / 19:39
Azerbaijan's income from tomato exports grows by over 12% 31 October, 2024 / 19:25
Central Bank of Azerbaijan discusses Energy Outlook with BP 31 October, 2024 / 19:22
Norwegian defence minister announces €109M for Ukrainian F-16s 31 October, 2024 / 18:53
Germany to close Iranian consulates after execution of dual national 31 October, 2024 / 18:37
SOCAR Polymer's export revenues disclosed 31 October, 2024 / 18:21
Fingers of five Iranian prisoners to be amputated 31 October, 2024 / 18:07