122 new news items in the last 24 hours

Kazakhstan will decide on oil production according to national interests, ignoring OPEC+ pressures, says Energy Minister Erlan Akkenzhenov

Delia Niculescu

23 April 2025, 19:20

main event image

International

foto:shutterstock

google-preference

Always see our news on Google

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

Tensiuni în OPEC+. O țară extrage mai mult petrol decât cota stabilită în organizație

Kazahstanul, acuzat de supraproducție, spune că nivelurile producției sale de petrol sunt decise în de interesul său național, nu de cartelul OPEC+

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

NEWS ON THE SAME TOPICS

Current Affairs

Kazakhstan's oil production has decreased by 21% after the closure of the CPC pipeline.

International

Attacks on the Caspian pipeline force Kazakhstan to increase its exports to China

International

Kazakhstan has resumed exports of oil through CPC, after the terminal in Novorossiisk began accepting oil. The loading is taking place at two berths.

Politics

Oana Țoiu, discussion with the Minister of Foreign Affairs of Kazakhstan: "We have conveyed our special appreciation to our Kazakh partners for the resumption of wheat exports."

Economy

The prices of oil have dropped on Monday, after OPEC+ decided to increase production by 188,000 bpd starting in August. Exports from the Gulf are recovering.

Current Affairs

Oana Țoiu announces discussions at the European level for increasing security in the Black Sea, after the suspension of oil deliveries from Kazakhstan

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

Kazakhstan oil production Erlan Akkenzhenov OPEC+ pressures

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

app preview

google play badge