Azerbaijan submits data on February’s daily oil output to OPEC

Azerbaijan produced 806,000 barrels of oil in February 2019 with crude oil constituting 722,000 barrels and condensate 84,000 barrels, the Energy Ministry told Report.

572,900 barrels of crude oil, 84,000 barrels of condensate, 18,000 barrels of oil products were exported daily. The Ministry submitted information on daily oil production during December 2018 to the Joint Technical Commission of Joint Monitoring Committee.

Average daily production amounted to 792,600 barrels in 2018.

On December 7, 2018, OPEC and non-OPEC countries reached a deal to cut output by 1.2 million barrels a day in Vienna. According to the new decision, Azerbaijan undertook to reduce oil output by 20,000 barrels a day.