Azerbaijan falls behind OPEC+ quota for August

17:04 - 10.09.2024


September 10, Fineko/abc.az. In August 2024, oil production (together with condensate) in Azerbaijan totaled 480,000 b/d, ABC.AZ informs, referring to S&P Global Commodity Insights’ report.

According to the agreement reached at the 36th meeting of OPEC+ ministers, Azerbaijan's production quota for 2024 is 551,000 b/d.

Thus, Azerbaijan fell behind its OPEC+ quota by 71,000 barrels in August.