Daily oil production (including condensate) in Azerbaijan amounted to 696,400 barrels in March 2022, of which 579,400 barrels were crude oil and 117,000 barrels were condensate, reports citing Azerbaijan’s Energy Ministry.
According to the decision adopted at the 25th meeting of ministers of the OPEC+ countries, the daily production of crude oil in Azerbaijan was planned to be increased by 7,000 barrels - up to 675,000 barrels in March 2022 and the reduction obligations were envisaged at the level of 43,000 barrels.
Azerbaijan has fulfilled obligations under the OPEC+ agreement by 103.1 percent.