Daily oil production in Azerbaijan amounted to 566.3 thousand barrels in February

In February 2022, daily oil production (including condensate) in Azerbaijan amounted to 684.1 thousand barrels, including 566.3 thousand barrels' crude oil and 117.8 thousand barrels' condensate.

It should be noted that the agreement reached at the 24th Ministerial Meeting of Opec plus 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.