Sharp decline in Azerbaijani oil output in March 2018

Sharp decline in Azerbaijani oil output in March 2018 Azerbaijan produced 740,000 b/d of crude oil and 54,000 b/d of condensate, exported 629,600 b/d of crude oil, 54,000 b/d of condensate and 10,600 b/d of oil products in March 2018. According to Energy Ministry, average production by Azerbaijan made up 814,600 barrels of oil per day in January, 806,000 barrels in February in accordance with the agreement on keeping daily output at 834,000 barrels per day. Daily output was decreased... Read More