Azerbaijan lagged behind OPEC+ quota by 93,000 barrels per day in May

In May 2026, daily oil production in Azerbaijan amounted to 458,000 barrels, representing a decline of 2,000 barrels compared to April, Report informs, referring to OPEC.

Under the OPEC+ agreement, Azerbaijan's daily oil production quota for 2026 is set at 551,000 barrels, meaning actual production in May fell short by 93,000 barrels.

Meanwhile, in the first quarter of 2026, the country's daily oil production averaged 454,000 barrels.

In 2025, daily oil production in Azerbaijan averaged 461,000 barrels: 466,000 in the first quarter, 461,000 in the second, 459,000 in the third, and 458,000 in the fourth.