Azerbaijan was more than 8000 tons short of its OPEC+ quota in June

Azerbaijan was more than 8000 tons short of its OPEC+ quota in June
# 11 July 2024 12:02 (UTC +04:00)

In June, 2024, the daily oil (including condensate) production in Azerbaijan was at the level of 80 585 tons, APA-Economics reports citing the Ministry of Energy of Azerbaijan.

It is noted that the 65 59 tons of that has been crude oil and 14 988 tons of it has been condensate.

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 (74 259 tons) per day.

Thus, in June, Azerbaijan was 8 662 tons behind its quota within the framework of OPEC+.

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