5 May 2017 18:31

Azerbaijan meets oil production cut commitment in January-April

BAKU. May 5 (Interfax) - Azerbaijan produced 781,100 barrels of oil per day in April 2017, the Energy Ministry said in materials.

"Daily production was 781,100 bpd in April, of which 726,800 bpd of oil and 54,300 bpd of condensate," according to the information.

Daily oil production amounted to 793,900 bpd in January, 776,400 in February and 733,300 in March.

Exports in April amounted to 601,600 bpd of oil, 54,300 bpd of condensate and 19,000 bpd of petroleum products.

"In other words, Azerbaijan has entirely fulfilled its commitment to reduce oil production by 35,000 bpd," the ministry said.