IEA: Azerbaijan fell short of OPEC Plus quota by 70,000 barrels per day in December
Energy
- 15 January, 2025
- 11:11
Add Report.az to preferred Google sources
Stay up to date with the top news!
Daily oil production in Azerbaijan in December 2024 amounted to 0.48 million barrels, same as in November, Report informs, citing the monthly report of the International Energy Agency (IEA).
According to IEA analysts' calculations, daily oil production in Azerbaijan in December was 0.07 million barrels behind the plan within the OPEC Plus agreement.
According to the agreement reached at the 36th OPEC Plus Ministerial Meeting, Azerbaijan's production quota for 2024 is 551,000 barrels per day.
Latest News
11:50
CBA: 24/7 online monitoring should be implemented in payment systems
ICT
11:46
Talks underway at Routes World 2026 on launching new direct flights to Azerbaijan
Infrastructure
11:40
Azerbaijan plans FID on Caspian-Black Sea-Europe Green Energy Corridor in 2029
Energy
11:30
Ten Azerbaijani boxers reach European U15 Boxing Championships semifinals
Individual sports
11:25
Azerbaijan approves Long-Term Low-Emission Development Strategy
Energy
11:20
IMF forecasts 1.3% economic contraction in Middle East, North Africa, Pakistan
Other countries
11:20
Finance Minister: Azerbaijan prioritize transparency in public finance
Finance
11:17
159 countries support draft resolution on decolonization of French Polynesia
Foreign policy
11:07
Minister: AI to improve quality and efficiency of operations
ICT