Overproducing Kazakhstan Discusses Oil Output Cuts With Firms ...Middle East

OILPRICE - Economy
Overproducing Kazakhstan Discusses Oil Output Cuts With Firms
source : OILPRICE ( Middle East ) () 48
Kazakhstan, which has been pumping oil above its OPEC+ quota, is in negotiations with the companies operating in the country on potentially trimming output to fall in line with the OPEC+ agreements, Kazakhstan’s energy ministry told Russian news agency Interfax on Thursday. “Kazakhstan was unable to achieve its goal in March and exceeded its commitments under the OPEC+ agreement,” the energy ministry told Interfax when contacted to respond to how its obligations under the OPEC+ deal are progressing. “In April, we plan to…

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