Kazakh Energy Minister to Attend OPEC Meeting

Kazakhstan`s Energy Minister Kanat Bozumbayev said on Tuesday he will attend the meeting of OPEC and non-OPEC oil producers in Vienna this week where major crude exporters aim to agree on extending a global output cut.
Kazakhstan supports extending the cut but will need to renegotiate its own production ceiling under the new pact as it expects output at its giant Kashagan field to grow. Bozumbayev said earlier this month.
 

About core

Check Also

Rystad: Oil Prices under Pressure, but don’t Expect a Freefall

Oil prices took a hit this week, and according to Rystad Energy, the bearish mood …

Leave a Reply

Your email address will not be published. Required fields are marked *