In August 2024, daily oil production (including condensate) in Azerbaijan amounted to 480,000 barrels, APA-Economics reports citing the S&P Global Commodity Insights.
Note that according to the agreement reached at the 36th ministerial meeting of OPEC+ countries, Azerbaijan's production quota for 2024 is 551,000 barrels per day.
In July, Azerbaijan was 71,000 barrels behind its quota within the framework of OPEC+.