ECONOMY3.8.2022 23:25

Baku supported this decision of OPEC

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At the 31st meeting of ministers of the Organization of Petroleum Exporting Countries (OPEC) and non-member countries, Azerbaijan expressed its support for the decision to increase daily oil production by 100,000 barrels in September.

Axar.az reports that the Ministry of Energy released information about this.

In accordance with the quotas determined for September, daily crude oil production in Azerbaijan is expected to reach 718,000 barrels.

It was agreed to hold the 32nd meeting of the ministers of "OPEC plus" countries on September 5.

The current ministerial meeting is the first meeting held under the leadership of the new Secretary General of OPEC, Haitham Al-Ghais, from Kuwait, who took office on August 1.

UP