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10:12 21 May
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Azerbaijan fulfils its obligation on output cut


In accordance with the Vienna agreement reached by OPEC and non-OPEC countries, Azerbaijan has submitted the data on oil output for December 2017 to the Joint Technical Commission of the Joint Monitoring Committee.

 

According to Energy Ministry, in December Azerbaijan produced 755,100 b/d of crude oil and 54,900 b/d of condensate, exported 649,400 b/d of crude oil, 54,900 b/d of condensate and 20,100 b/d of oil products.

 

Azerbaijan produced 793,900 barrels of oil per day in January, 776,400 barrels in February, 733,300 barrels in March, 781,100 barrels in April, 785,300 barrels in May, 793,700 barrels in June, 796,700 barrels in July, 734,800 barrels in August, 785,700 barrels in September, 800,600 barrels in October and 790,700 barrels in November.

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