IEA: Azerbaijan lagged behind OPEC+ quota by 70,000 barrels per day in January

Energy
  • 13 February, 2025
  • 14:16
IEA: Azerbaijan lagged behind OPEC+ quota by 70,000 barrels per day in January

Daily oil production in Azerbaijan amounted to 480,000 barrels in January 2025, remaining unchanged compared to December 2024, Report informs, referring to the International Energy Agency (IEA).

According to the IEA analysts, Azerbaijan fell behind the OPEC+ quota by 70,000 barrels per day

Under the agreement reached at the 37th meeting of OPEC+ countries' ministers, Azerbaijan's production quota for 2025 is set at 551,000 barrels per day.