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Azerbaijan uses 86.4% of OPEC quota in April
Energy
- 16 May, 2024
- 08:14
In April 2024, the daily production of crude oil (including condensate) in Azerbaijan was 596,000 barrels, Report informs, citing the Ministry of Energy.
Of the mentioned volume, crude oil accounted for 476,000 barrels and condensate made 120,000 barrels.
Thus, Azerbaijan used 86.4% of the OPEC quota.
According to the agreement reached at the 36th meeting of the ministers of OPEC+ countries, Azerbaijan's production quota for 2024 is 551,000 barrels per day.
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