Azerbaijan fulfills obligations to OPEC +
Energy
- 16 March, 2021
- 13:10
In February 2021, daily oil production (including condensate) in Azerbaijan amounted to 741,000 barrels, with crude oil accounting for 593,000 and condensate responsible for 148,000 barrels, Report informs, citing the country's Energy Ministry.
At the 13th and 14th ministerial meetings of the OPEC + countries, it was decided to keep the current quotas for daily crude oil production in February, March, and April. According to the new agreement, Azerbaijan's obligations in the amount of 123,000 barrels in January are valid for the reporting period as well. The output will be left at 595,000 barrels a day. OPEC+ countries’ reduction on the output will be 6.9 million barrels a day in April.
Latest News
20:09
Sweden to buy around 10 HIMARS systems from Lockheed Martin
Other countries20:03
Azerbaijani show jumper Patrick Mc Entee finishes second in Belgium
Individual sports19:57
Azerbaijan to create unified registry for renewable energy attributes
Energy19:35
Photo
Azerbaijani religious figures from Türkiye, Georgia and Iraq visit Theology Institute in Baku
Religion19:27
Photo
Rare manuscripts linked to Azerbaijani literary, scientific figures found in Hungary
Cultural policy19:14
Azerbaijan proposes harmonizing green energy certification systems
Energy19:10
Azerbaijan developing mechanism to recognize origin of electricity in green energy corridors
Energy18:56
Azerbaijan plans nearly 8 GW of renewable energy capacity by 2032
Energy18:38