Azerbaijan unveils daily crude oil production volume in March 2023

The daily oil production volume (including condensate) in Azerbaijan reached 632,000 barrels in March 2023.

According to the official data, 515,000 barrels accounted for crude oil and 117,000 barrels for condensate, the Azerbaijani Energy Ministry told Report.

Azerbaijan's obligation on oil production reduction is 33,000 barrels per day while the daily crude oil production quota is 684,000 barrels as part of cooperation with OPEC+.