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Kazakhstan supports consensus on OPEC+ decision on oil production cuts

13 April 2020 08:33
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Kazakhstan supports consensus on OPEC+ decision on oil production cuts

NUR-SULTAN. KAZINFORM – The extraordinary meeting of OPEC+ nations was held online on April 12, Kazinform has learnt from the Ministry of Energy of the Republic of Kazakhstan.

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During the online conference Kazakh Minister of Energy Nurlan Nogayev declared that Kazakhstan remains committed to a constructive dialogue and given the difficult situation in the world market is ready to cut daily production as other OPEC+ nations.

After the online ministerial meeting of the OPEC+ and non-OPEC+ nations, an agreement was signed on oil production cuts by 9.7 million barrels a day starting from May 1. Kazakhstan, in its turn, supported the consensus on the agreement.



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