Daily crude oil production in Azerbaijan amounted to 482 thousand barrels in December

In December 2023, daily oil production (including condensate) in Azerbaijan amounted to 604 thousand barrels, including 482 thousand barrels’ crude oil and 122 thousand barrels’ condensate.

It should be noted that within the OPEC plus cooperation, Azerbaijan's commitment to cuts is 33 thousand barrels per day, and the quota for daily crude oil production is 684 thousand barrels by the end of 2023.

It should be noted that the production quota of Azerbaijan for 2024 is 551,000 barrels per day.