Bank Of Baku

Azerbaijan joins consensus of increasing oil production on OPEC

Azerbaijan joins consensus of increasing oil production on OPEC
# 05 November 2021 09:34 (UTC +04:00)

An agreement has been reached in the 22nd meeting of Ministers of OPEC+ countries, held last day, on remaining the decision on increasing daily crude oil production in August-December of 2021 by 400 thousand barrels per a month, adopted at July meeting of ministers, in force, Ministry of Energy told APA-Economics.

According to information, responding addressed questions during a press conference after the meeting, Parviz Shahbazov said: "The decision, adopted today, has been adopted on the basis of consensus as usual, and based on facts, investigations, analysis."

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