IEA: Azerbaijan's daily oil production down compared to plan within OPEC+ agreement

Energy
  • 15 February, 2024
  • 11:37
IEA: Azerbaijan's daily oil production down compared to plan within OPEC+ agreement

In January of this year, daily oil production in Azerbaijan was 0.47 million barrels (-0.01 million barrels, or 2.1%), Report informs, citing the International Energy Agency (IEA).

According to the calculations of IEA analysts, daily oil production in Azerbaijan in January decreased by 0.8 million barrels per day compared to the plan within the framework of the OPEC+ agreement. Last month, Azerbaijan's oil production forecast was 0.55 million barrels.