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Kazakhstan in May slightly deviated from commitments under OPEC+

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Kazakhstan slightly deviated in May from its commitments to OPEC+ on oil output, the republic promises to comply with the obligations under the agreement, according to the Kazakh Energy Ministry, Report informs referring to Kazakh media.

“According to preliminary data, 7.3 million tons of oil were produced in the Republic of Kazakhstan in May. Daily production of oil amounted to 1.470 barrels. Kazakhstan plans to comply with commitments under the OPEC+ agreement,” the report said.

Earlier it was reported that obligations for Kazakhstan under OPEC+ in May will amount to 1.463 million barrels per day.

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