Azerbaijan remains committed to OPEC+ quota in Feb. 2023

In February, the daily production of crude oil in Azerbaijan amounted to 531,000 barrels.

Azerbaijani Energy Ministry told APA that in February 2023 daily oil production (including condensate) in Azerbaijan amounted to 648,000 barrels. Of these, 531 thousand barrels were crude oil and 117 thousand barrels were condensate.

Within the framework of OPEC + cooperation, Azerbaijan's obligations for reductions are 33,000 barrels per day, and the quota for daily crude oil production is 684,000 barrels.