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Energy Ministry: Azerbaijan met its OPEC+ obligations by 100%

10.11.2020,15:36


November 10, Fineko/abc.az. In October, Azerbaijan's daily oil production with condensate amounted to 675,200 barrels.

ABC.AZ was informed at the Ministry of Energy that 587,000 barrels of them accounted for oil production and condensate for 88,200 barrels.

In October, Azerbaijan reduced oil production by 131,000 b/d compared with October 2018. Taking into account the country's obligations within OPEC+ to cut the oil production by 131,000 b/d from October 2018, i.e. to 587,000 b/d.

Thus, in October, Azerbaijan fulfilled its obligations within OPEC+, completing crude oil production by an average of 587,000 bpd.