In January 2022, the daily oil production (including condensate) in Azerbaijan amounted to 700.5 thousand barrels, of which 580.9 thousand barrels fell on crude oil, and 119.6 thousand barrels – to condensate, reported in Ministry of Energy.
In accordance with the decision taken at the 23rd ministerial ministers of OPEC countries, the daily mining of crude oil in Azerbaijan was envisaged to increase by 7 thousand barrels – up to 661 thousand barrels in January 2022, and the reduction obligation was envisaged at the level 57 thousand barrels.
Thus, Azerbaijan has fulfilled the obligations under OPEC agreement + by 113.78%.