From May 1, the daily crude oil production quotas of oil exporters in the OPEC+ coalition will partially change.
Medianews.az reports that according to the agreement, Saudi Arabia has gained the right to increase production to 10 million 228 thousand barrels, Russia to 9 million 699 thousand barrels, Iraq to 4 million 326 thousand barrels, the United Arab Emirates to 3 million 447 thousand barrels, Kuwait to 2 million 612 thousand barrels, Kazakhstan to 1 million 589 thousand barrels, Algeria to 983 thousand barrels, Oman to 821 thousand barrels.
The quotas of the remaining countries remain as follows:
Mexico - 1 million 753 thousand barrels
Nigeria - 1 million 500 thousand barrels
Azerbaijan - 551 thousand barrels
Malaysia - 401 thousand barrels
Congo - 277 thousand barrels
Bahrain - 196 thousand barrels
Gabon - 177 thousand barrels
South Sudan - 124 thousand barrels
Brunei - 83 thousand barrels
Equatorial Guinea - 70 thousand barrels
Sudan - 64 thousand barrels.
OPEC includes the United Arab Emirates, Equatorial Guinea, Algeria, Iraq, Iran, Congo, Kuwait, Libya, Gabon, Nigeria, Saudi Arabia, Venezuela; Azerbaijan, Bahrain, Brazil, Brunei, South Sudan, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan are considered partners.
Toğrul Ali,
Medianews.az