Bank Of Baku

S&P: Azerbaijan's oil production was 184. 000 barrel short of OPEC+ quota in July

S&P: Azerbaijan
# 09 August 2023 13:19 (UTC +04:00)

Daily oil production amounted to 500,000 barrel in Azerbaijan in July 2023, APA-Economics reports citing the Platts review conducted by S&P Global Commodity Insights.

According to the report, Azerbaijan's quota for oil production under the OPEC+ deal was 684,000 barrel per day as of July. Thus, Azerbaijan lagged behind the OPEC+ quota by 184,000 barrel per day in July.

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