The Azerbaijan State News Agency

ECONOMY

Azerbaijan does not plan to freeze oil production

Azerbaijan does not plan to freeze oil production

Baku, February 16, AZERTAC

“Azerbaijan should continue the production of the crude oil in order to meet its internal demand. The country does not plan to freeze the volumes of oil production,” said the Energy Ministry.

Top oil exporters Russia and Saudi Arabia agreed to freeze output levels.

The Saudi, Russian, Qatari and Venezuelan oil ministers announced the proposal after a previously undisclosed meeting in Doha.

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