Kazakhstan's energy minister Erlan Akkenzhenov says the country will prioritize national interests in oil production decisions, despite OPEC+ displeasures. Kazakhstan, which extracts about 2% of global oil, has reported a drop in output but it remains above OPEC+ quotas. Large oil projects are controlled by foreign companies and Kazakhstan risks significant losses if it cuts output. It also expects to export 55 million tons of oil in 2023 through the CPC pipeline.
Sources
Latest News
09:22
The reason why John Ratcliffe, the CIA director, made an unannounced visit to Moscow, the first since taking office - WSJ
09:18
South Korea mobilizes fighter jets after Russian incursions
09:05
US Open / Serena Williams and Carlos Alcaraz were eliminated in mixed doubles
08:55
EXCLUSIVE | August 26, 2026. Trends in online searches / last 24 hours
08:49
Men's volleyball / The under 17 national team of Romania has qualified for the quarter-finals of the World Championship
See more news