Azerbaijan decreased its oil production to 718,000 barrels per day in October, compared to 755,000 barrels per day in the previous month, in compliance with the OPEC+ production cuts deal, the Energy Ministry said on Tuesday
BAKU (Pakistan Point News / Sputnik - 12th November, 2019) Azerbaijan decreased its oil production to 718,000 barrels per day in October, compared to 755,000 barrels per day in the previous month, in compliance with the OPEC+ production cuts deal, the Energy Ministry said on Tuesday.
"Daily oil production made 718,000 barrels in October: 644,000 barrels of crude oil and 76,000 barrels of condensate," the Energy Ministry said in a statement.
Daily oil production in January-October made 762,000 barrels, the ministry specified.
"Azerbaijan fulfills fully the undertaken OPEC+ obligations, having decreased daily production by 20,000 barrels, maintaining production at 776,000 barrels," the Energy Ministry said.
