Azerbaijan was 89,000 barrels short of OPEC+ quota in March

Azerbaijan was 89,000 barrels short of OPEC+ quota in March
# 14 April 2025 13:00 (UTC +04:00)

In March 2025, Azerbaijan produced 76.9 thousand tons, or 580,000 barrels of oil per day, including condensate, APA reports, citing the Ministry of Energy of the Republic of Azerbaijan.

62.6 thousand tons (462,000 barrels) accounted for crude oil, while 14.3 thousand tons (118,000 barrels) were condensate.

Under the OPEC+ agreement, Azerbaijan’s daily production quota is set at 551,000 barrels (74,259 tons) until the end of 2026.

Thus, Azerbaijan underproduced by 89,000 barrels compared to its OPEC+ quota in March.

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