Azerbaijan was 202,000 barrels short of OPEC+ quota in December


The daily (including condensate) oil production has been 604,000 barrels for December of 2023, APA reports citing the Ministry of Energy of Azerbaijan.

It is noted that the 482,000 barrels of that has been crude oil and 122.000 thousand of it has been condensate.

Furthermore, within the framework of OPEC+ Azerbaijan’s commitment to cutbacks is 33,000 barrels per day, and its daily crude oil production quota is 684,000 barrels. This means that Azerbaijan has been short 202,000 barrels of oil from the quota of the previous month.

Source: Azeri Press News Agency