Daily crude oil production amounted to 543,000 barrels in September

Tokyo, 18 October, /AJMEDIA/

In September 2022, daily oil production (including condensate) in Azerbaijan amounted to 654,000 barrels, including 543,000 barrels’ crude oil and 111,000 barrels’ condensate, the Ministry of Energy told AJMEDIA.

The agreement reached at the 33rd Ministerial Meeting of OPEC and non-OPEC states on October 5, 2022 envisages that starting from November 2022, the daily crude oil production in Azerbaijan will be reduced from the level of August, i.e. 717,000 barrels and maintained at 684,000 barrels. According to the new decision, Azerbaijan’s commitment to cuts is 33,000 barrels per day.

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