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Azerbaijan lags OPEC+ quota by 153,000 bpd in February
BAKU. March 17 (Interfax) – Oil output in Azerbaijan totaled 531,000 barrels per day in February 2023 against 533,000 bpd in January 2023, the country’s Energy Ministry told Interfax.
“Azerbaijan’s production of oil with condensate totaled 648,000 barrels per day in February, of which 531,000 barrels were oil production and 117,000 barrels were condensate,” the ministry said.
Azerbaijan had an oil output quota of 684,000 bpd in February according to the OPEC+ deal, implying that the country was 128.8% in compliance with the deal for the month.
