Azerbaijan fell 204,000 bpd short of OPEC+ oil quota in Oct – S&P

BAKU. Nov 13 (Interfax-Ukraine) – Azerbaijan produced 480,000 barrels per day of oil in October 2023, S&P Global Commodity Insights said in a review, citing Platts data.

Azerbaijan’s oil output quota under the OPEC+ deal was 684,000 bpd in October, so the country fell 204,000 bpd short of the quota, according to S&P Global Commodity Insights.

Azerbaijan’s Energy Ministry has not yet provided figures on the country’s oil output for October 2023.