Azerbaijan also agreed to the decision to increase daily oil production by 432.000 in May, at the 27th meeting of ministers of member and non member countries to OPEC, the Ministry of Energy told APA-Economics.
The increase was determined in accordance with the agreement reached at the 19th meeting in July last year on partial changes in the basic indicators of oil production.
As there is no change in base indicators over Azerbaijan, daily crude oil production in our country is planned to be increased by further 7.000 barrels in May 2022, and the reduction obligation to stand at 30,000 barrels.
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