Azerbaijan provided OPEC with information on daily oil production for May as part of the fulfillment of the obligations of the agreement to reduce oil production.
The message of the Ministry of Energy says the daily oil production in Azerbaijan in May was 801,000 barrels. Azerbaijan daily exported 748,000 barrels of crude oil, 53,000 barrels of condensate, and 17,800 barrels of oil products. According to the agreement, Azerbaijan reduced daily oil production by 35,000 barrels, once again meeting its obligations, which in January amounted to 814,600, in February - 806,000, in March - 794,000 and in April - 785,700 barrels. During 2017, the average daily oil production was 781,900 barrels.
Countries outside the OPEC, in Vienna on December 10, 2016, reached an agreement on the extraction of oil. Eleven non-OPEC countries, including Azerbaijan, signed an agreement according to which the daily oil production should be reduced by 558,000 barrels. -0----
Energy
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"As far as I know, COP29 was the first global climate change event , but the President of the European Commission did not attend it, although the Commission’s President had confirmed participation a couple of months before the event," said President Ilham Aliyev in an interview with Azerbaijani TV channels on January 7.
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"This year, we hope to receive the first gas from the ‘deep’ gas project at “Azeri-Chirag-Guneshli” (ACG),” President of Azerbaijan Ilham Aliyev said on January 7 in an interview with local TV channels. According to him, this will be a significant contribution to Azerbaijan’s overall gas production.
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The total volume of Azerbaijani gas transported via the TANAP pipeline to and then to Europe (via the TAP pipeline) by January 1, 2025, amounted to 73.54 bcm, Elchin Ibadov, CEO of SOCAR Turkiye Enerji, reported at a press conference in Istanbul. "The total commercial gas volume delivered to Türkiye was 30.8 bcm, and to Europe – 42.74 bcm," Ibadov explained.
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In 2024, 550 million kWh of "green energy" was produced in Karabakh and Eastern Zangezur, the Azerbaijan Energy Company (Azərenerji) reported.
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