Daily oil production with condensate in Azerbaijan in November amounted to 608,000 barrels

Daily oil production with condensate in Azerbaijan in November amounted to 80,771 tons (608,000 barrels), Report informs referring to Azerbaijan's Ministry of Energy.

From the indicated volume, oil accounted for 65,885 tons (486,000 barrels per day), and condensate for 14,886 tons (122,000 barrels per day). Thus, Azerbaijan utilized its OPEC quota in November at 88.2%.

According to the agreement reached at the 36th meeting of OPEC+ ministers, Azerbaijan's oil production quota for 2024 is 551,000 barrels per day (74,259 tons).