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Azerbaijan’s oil output lagged behind OPEC+ quota in June
Energy
- 10 July, 2024
- 11:59
Daily oil production in Azerbaijan amounted to 480,000 barrels in June 2024, Report informs, referring to S&P Global.
Under the OPEC+ agreement, Azerbaijan's oil production quota for the current year is 551,000 barrels per day, while the actual production in June was 480,000 barrels.
"This means that Azerbaijan fell behind the OPEC+ quota by 71,000 barrels per day in June," the information stated.
Meanwhile, Azerbaijan’s oil production for June grew by 10,000 barrels from May.
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