Azerbaijan kept oil production at February level in March

Oil production in Azerbaijan in March 2025 amounted to 470,000 barrels per day, according to S&P Global Commodity Insights in its review with reference to Platts data, Report informs.

According to the review, taking into account Azerbaijan's quota for 2025, the lag in oil production under the OPEC deal in March was 81,000 bpd.

It is also noted that compared to February, the daily oil production rate in Azerbaijan has not changed.

Following the 37th ministerial meeting under the OPEC+ deal, the quota for 2025 for Azerbaijan was kept at the 2024 level of 551,000 bpd.