OPEC: Azerbaijan decreases oil production

  • 17:46 14 June 2019

OPEC: Azerbaijan decreases oil production

Azerbaijan’s liquids output in April was down by 0.11 mb/d m-o-m to average 0.71 mb/d, tt is stated in the June report published by Organization of Petroleum Exporting Countries, ONA reports. 

Crude oil production declined by 0.1 mb/d m-o-m to average 605 tb/d, down by 0.14 mb/d y-o-y.

This crude production outage was caused by planned maintenance at the Central Azeri platform.

Maintenance is also planned for another BP platform in Western Chirag in October. For 2019, oil supply in Azerbaijan is expected to be stagnant at 0.80 mb/d, unchanged from the last month’s assessment.

Emil Ismayilov

Tags: Azerbaijan OPEC economy