Volume of daily oil and condensate production in Azerbaijan in February

Energy
  • 13 March, 2025
  • 14:49
Volume of daily oil and condensate production in Azerbaijan in February

In February 2025, daily oil production (including condensate) in Azerbaijan was 77,500 tons (584,000 barrels), Report informs with reference to the country's Ministry of Energy.

According to the ministry, 63,100 tons (465,000 barrels) of this was crude oil, and 14,400 tons (119 thousand barrels) was condensate.

Thus, Azerbaijan utilized 84.4% of its OPEC quota in February.

According to the agreement reached at the 37th meeting of the ministers of OPEC+ countries, Azerbaijan's production quota for 2025 is 551,000 barrels (74,259 tons) per day.