In July of this year, daily oil production (with condensate) on the country has been 717 thousand barrels. 606 thousand barrels of it have been made up by crude oil, while 111 thousand barrels condensate, the Ministry of Energy told APA-Economics.
According to the decision of Ministers of OPEC+ countries, adopted in April of this year, Azerbaijan's obligation on reduction of production in July was considered to be 98 thousand barrels, while daily crude oil production to reach 620 thousand barrels by increasing by 10 thousand barrels as compared to June.
Thus, Azerbaijan implemented its OPEC+ commitment by 102.3% in July.
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