Kazakhstan pledges to meet OPEC+ obligations, including compensating for 2024 overproduction.

Kazakhstan has pledged to meet its OPEC+ obligations for 2025-2026, including compensating for any overproduction in 2024. This commitment comes after the 58th meeting of the OPEC+ Joint Ministerial Monitoring Committee. Despite increasing production due to the Tengiz field expansion, the country emphasizes the importance of adhering to its commitments and will negotiate with partners to ensure compliance.

1 month ago
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