Azerbaijan fulfils its quota within OPEC agreement by 78%

In February 2023, Azerbaijan's daily oil production (including condensate) was 648,000 barrels (531,000 barrels of crude oil and 117,000 barrels of condensate).

Report informs, citing the Ministry of Energy, that Azerbaijan has thereby fulfilled its quota by 77.6%

Under the OPEC+ agreement, Azerbaijan's obligation to reduce daily oil production is 33,000 barrels, and the quota is 684,000 barrels.