Baku 25° C
Azerbaijan fulfils its quota within OPEC agreement by 78%
Energy
- 17 March, 2023
- 07:02
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.
Author
Latest News
17:53
Unknown gunman opens fire on hunters in Russia, killing one
Other countries17:48
Ankara summons Ukraine's ambassador over attack on Turkish vessel
Region17:22
Nearly 1,500 clerics serve at mosques across Azerbaijan
Religion17:04
Merz prepares to blame Russia for drone attack at Leipzig airport
Other countries16:42
Life insurance payouts in Azerbaijan rise nearly 32% year-on-year
Finance16:35
Death toll from Nepal flood rises to 669 - UPDATED
Other countries16:11
Baku-Nakhchivan flights delayed due to thunderstorms
Infrastructure15:58
Sabah's UEFA Champions League league phase schedule announced
Football15:53