Baku 8° C
IEA: Azerbaijan lagged behind OPEC+ quota by 90,000 bpd in August
Energy
- 11 September, 2025
- 15:13
Oil production in Azerbaijan in August amounted to 460,000 barrels per day (bpd), increasing by 10,000 bpd from the July figure (450,000 bpd), Report informs referring to the monthly update of the International Energy Agency (IEA).
According to IEA analysts, oil production in Azerbaijan in August lagged behind the plan under the OPEC+ deal by about 90,000 bpd.
According to the agreement reached at the 37th meeting of OPEC+ ministers, Azerbaijan's oil production quota for 2025 is 551,000 bpd.
Latest News
01:16
Photo
President Ilham Aliyev participated in panel discussion in Munich - UPDATED
Foreign policy22:01
President Ilham Aliyev met with President of Global Affairs at The Goldman Sachs Group, Inc. in Munich
Foreign policy20:40
European Commissioner: The TRIPP project could be a true game-changer
Foreign policy20:24
Marta Kos: Peace between Armenia and Azerbaijan opens previously impossible opportunities
Foreign policy19:54
Zelenskyy thanks Ilham Aliyev for energy assistance to Ukraine
Foreign policy19:46
Photo
President Ilham Aliyev met with Ukrainian President Volodymyr Zelenskyy in Munich - UPDATED
Foreign policy19:22
Photo
President Ilham Aliyev met with the European Union's High Representative for Foreign Affairs and Security Policy in Munich - UPDATED
Foreign policy18:57
President: The fact that TRIPP bears President Trump's name means this corridor will be important for this administration
Foreign policy18:12
Photo