Azerbaijan uses OPEC quota by 72% in November

Azerbaijan's daily oil production (together with condensate) totalled 609,000 barrels in November this year.

As Report informs with reference to the Ministry of Energy, 492,000 barrels of them were crude oil, and 117,000 barrels were condensate.

Thus, Azerbaijan used OPEC quota by 71.9 per cent.

Within the framework of OPEC+ cooperation, Azerbaijan's obligation on reductions until the end of 2023 is 33,000 barrels per day, and the quota of daily crude oil production is 684,000 barrels.

Azerbaijan's production quota for 2024 is 551,000 barrels per day.