BAKU, Azerbaijan, Oct.13
By Leman Zeynalova – Trend:
According to secondary sources, total OPEC-13 crude oil production averaged 27.33 mb/d in September 2021, higher by 0.49 mb/d m-o-m, Trend reports with reference to OPEC.
The table below shows the ranking of OPEC members in terms of m-o-m oil supply growth in September:
|
OPEC member |
August 2021 output (thousand barrels per day) |
September 2021 output (thousand barrels per day) |
Change (thousand barrels per day) |
|
Nigeria |
1,296 |
1,451 |
156 |
|
Saudi Arabia |
9,539 |
9,678 |
139 |
|
Iraq |
4,056 |
4,139 |
84 |
|
Kuwait |
2,442 |
2,468 |
26 |
|
Iran |
2,482 |
2,503 |
22 |
|
Gabon |
180 |
202 |
22 |
|
Angola |
1,116 |
1,133 |
17 |
|
UAE |
2,774 |
2,789 |
14 |
|
Algeria |
920 |
932 |
12 |
|
Congo |
252 |
259 |
6 |
Equatorial Guinea, Libya and Venezuela decreased their output by 1,000 barrels per day, 5,000 barrels per day and 6,000 barrels per day in September.
At the 21st OPEC and non-OPEC Ministerial Meeting held on Oct.4, OPEC+ reconfirmed the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of November 2021.
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