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Kazakhstan Reaffirms Its Commitment to OPEC+ Cooperation

by Krystal

During a meeting with OPEC Secretary General Haitham Al Ghais, Kazakhstan’s Prime Minister Olzhas Bektenov reaffirmed the country’s commitment to the OPEC+ alliance.

Bektenov stated, “We support the organization’s initiatives and follow the restrictions set by the group, including our current voluntary commitments.”

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He emphasized the critical role OPEC plays in stabilizing the global oil market. Bektenov noted that coordinated actions by OPEC+ members help manage potential negative effects and stabilize market conditions.

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Al Ghais acknowledged Kazakhstan’s important role in the global oil market. He highlighted how the country’s actions contribute to balancing and stabilizing oil prices.

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After the meeting, both leaders reiterated their commitment to maintaining a successful and productive partnership.

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Kazakhstan has been part of the OPEC+ agreement since 2016, and its oil production involves more than 90 operators.

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