Azerbaijan has reported about daily crude extraction plans

15:25 - 12.04.2021

April 12, Fineko/abc.az. Azerbaijan’s daily oil production (together with condensate) totaled 734,800 bpd in March 2021, including 592,100 b/d of crude oil and 142,700 b/d of condensate, ABC.AZ was informed at the Ministry of Energy.

It should be noted that at the 13th and 14th meetings of the OPEC+ ministers a decision was made to extend the current quotas on the daily crude oil production in February, March and April.

In accord with those decisions, the average daily crude oil production in Azerbaijan will remain at the level of 595,000. The reduction in daily crude oil production by the OPEC+ countries in April will amount to 6.9 million barrels.

 

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