In August of 2023, the average daily oil production in Azerbaijan was at the level of 500,000 barrels, APA-economics reports citing 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 August.
Thus, Azerbaijan lagged behind the OPEC+ quota by 184,000 barrel per day in August.
Note that in July, Azerbaijan was 185,000 barrels behind its quota within the framework of OPEC+.