ECONOMY


Daily crude oil production amounted to 523,500 barrels in June

Baku, July 15, AZERTAC

In June 2022, daily oil production (including condensate) in Azerbaijan amounted to 632,400 barrels, including 523,500 barrels' crude oil and 108,900 barrels' condensate, the Ministry of Energy told AZERTAC.

The agreement reached at the 28th Ministerial Meeting of Opec and non-OPEC states envisages an increase in daily crude oil production in Azerbaijan by another 8,000 barrels reaching to 696,000 barrels in June 2022 and a commitment to cut the output by 22,000 barrels.

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