Azerbaijan announces level of compliance with OPEC quota

Azerbaijan produced 548,000 barrels of oil and 120,000 barrels of condensate per day in December 2022, Report informs, citing the Ministry of Energy.

According to the 34th ministerial meeting of OPEC+, Azerbaijan's commitment to the output cut is 33,000 barrels per day, and its daily crude oil production quota is 684,000 barrels.