IEA: Azerbaijan’s April oil output falls 70,000 barrels short of OPEC+ quota
Energy
- 15 May, 2025
- 14:28
Add Report.az to preferred Google sources
Stay up to date with the top news!
Azerbaijan's daily oil production in April 2025 totaled 0.49 million barrels, according to the International Energy Agency (IEA), Report informs.
This marks a slight increase from 0.48 million barrels recorded in March 2025.
IEA analysts estimate that Azerbaijan’s April production fell 70,000 barrels per day short of its planned quota under the OPEC+ agreement.
Meanwhile, earlier OPEC figures indicated that Azerbaijan’s daily oil output was 0.468 million barrels, missing the target by 83,000 barrels per day.
Under the terms agreed upon at the 37th meeting of OPEC+ ministers, Azerbaijan’s official production quota for 2025 stands at 0.551 million barrels per day.
IEA: Azərbaycan apreldə “OPEC+” kvotasından gündəlik 70 min barel geri qalıb
МЭА: Азербайджан в апреле отставал от квоты в рамках ОПЕК+ на 70 тыс. б/с
Latest News
23:47
US federal judge Alvin Hellerstein dies at 92
Other countries
23:28
Erdoğan, Trump discuss bilateral ties and regional developments
Region
22:51
Fed holds rates steady at 3.75%–4%, signals possible further hikes
Other countries
22:36
Azerbaijan, FAO discuss cooperation and future prospects
Foreign policy
22:24
Erdoğan, Tokayev discuss bilateral cooperation in Ankara
Region
22:21
Photo
Azerbaijan, Sudan discuss prospects for cultural cooperation
Culture
22:09
President Ilham Aliyev offers condolences to Spain over train tragedy
Foreign policy
21:43
Photo
Heydar Aliyev Foundation and ICESCO sign new cooperation agreement
Cultural policy
21:41
Azerbaijan, Slovakia welcome launch of direct air connection
Tourism