Vienna, Austria, 1 May 2020–Azerbaijan’s state oil company SOCAR announces major oil production adjustment plans for 2020, 2021 and 2022 as part of Azerbaijan’s commitments to the voluntary production adjustment agreement reached at the 9th and 10th (Extraordinary) OPEC and non-OPEC Ministerial Meetings held on the 9th and 12th of April respectively via videoconference.
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Azerbaijan announces major oil production adjustments
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