Daily oil production in Azerbaijan amounted to 580.9 thousand barrels in January

In January 2021, daily oil production (including condensate) in Azerbaijan amounted to 700.5 thousand barrels, including 580.9 thousand barrels' crude oil and 119.6 thousand barrels' condensate.

It should be noted that the agreement reached at the 23rd Ministerial Meeting of Opec plus envisages an increase in daily crude oil production in Azerbaijan by another 7,000 barrels to 661,000 barrels in January 2022 and a commitment to cut the output by 57,000 barrels.