Daily crude oil production (including condensate) in Azerbaijan in October of 2021 amounted to 704,400 barrels, of which 585,900 barrels were crude oil and 118,500 barrels - condensate, the local media reports citing the Energy Ministry.
As for the previous reporting month, the daily crude oil production in Azerbaijan in September amounted to 586.2 thousand barrels.
According to the decision made at the 20th OPEC+ Ministerial Meeting, Azerbaijan was supposed to increase the daily crude oil production to 640,000 barrels in October and the reduction commitment to 78,000 barrels.
Under the agreement reached during the 21st ministerial meeting, Azerbaijan's commitment to reduce production in November is 71,000 barrels per day, which allows the country to produce 647,000 barrels of crude oil per day, 7,000 barrels more than the previous month.
