ECONOMY


Azerbaijan produces 566,300 barrels of crude oil per day in February

Baku, March 16, AZERTAC

In February 2022, daily oil production (including condensate) in Azerbaijan amounted to 684,100 barrels, including 566,300 barrels' crude oil and 117,800 barrels' condensate, the Ministry of Energy told AZERTAC.

The agreement reached at the 24th Ministerial Meeting of OPEC+ envisages an increase in daily crude oil production in Azerbaijan by another 7,000 barrels to 668,000 barrels in February 2022 and a commitment to cut the output by 50,000 barrels.

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