Azerbaijan fell short of OPEC plus quota by 75,000 barrels per day in February
Energy
- 12 March, 2025
- 19:14
In February, Azerbaijan's daily oil production averaged 476,000 barrels, Report informs, citing OPEC's monthly update on oil production.
Last month, Azerbaijan's daily oil production increased by 9,000 barrels or 1.9% compared to January.
According to the OPEC, while Azerbaijan's daily oil production quota for this year under the OPEC Plus agreement was 551,000 barrels, actual production in February decreased by 75,000 barrels.
In 2024, the country's daily oil production averaged 482,000 barrels.
Latest News
00:00
Azerbaijan starts implementing amnesty act
Domestic policy19:03
Winter season begins in Azerbaijan
Domestic policy17:53
Yilmaz: South Caucasus becoming new geopolitical hub focused on cooperation
Region17:41
Yilmaz: Acceleration of peace process between Azerbaijan, Armenia - important stage
Infrastructure17:23
Ohio State researchers find increasing type of protein helps slow down heart failure
Health17:00
UK chancellor of exchequer banned from her favorite pub due to tax increases
Other countries16:41
Georgian Foreign Ministry outlines priorities of country's BSEC chairmanship
Region16:15
Azerbaijan, Türkiye to hold meeting of intergovernmental commission in Baku
Business15:43