Azerbaijan's oil production falls short of OPEC+ target by 81,000 bpd in February

Azerbaijan's daily oil production in February 2025 amounted to 470,000 barrels per day (bpd), according to S&P Global Commodity Insights, referencing Platts data.

According to Report, the review highlights that Azerbaijan's production was 81,000 bpd below its OPEC+ quota for 2025. However, it is noted that oil production in Azerbaijan remained steady in February compared to January, with a slight decrease of only 10,000 bpd.

Following the 37th OPEC+ ministerial meeting, Azerbaijan's production quota for 2025 was maintained at 551,000 bpd, consistent with the level for 2024.