Azerbaijan exceeds its OPEC+ commitment in August

In August of this year, daily oil production (with condensate) on the country has been 711,6 thousand barrels. 596,1 thousand barrels of it have been made up by crude oil, while 115,5 thousand barrels condensate, the Ministry of Energy told SİA.

According to the decision of Ministers of OPEC+ countries, adopted in July of this year, Azerbaijan's obligation on reduction of production in August was considered to be 91 thousand barrels, while daily crude oil production to reach 627 thousand barrels by increasing by 7 thousand barrels as compared to July.

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