Kazakhstan Vows to Comply With OPEC+ Cuts Despite January Overproduction

Kazakhstan Vows to Comply With OPEC+ Cuts Despite January Overproduction

OilPrice.com

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On Wednesday, non-OPEC oil producer Kazakhstan vowed to compensate over the coming months for a lack of compliance with the voluntary cuts in the OPEC+ deal in January.    “Kazakhstan has always supported the initiatives of the OPEC+ member countries,” the country’s Energy Ministry said in a statement today.   Kazakhstan, as well as several other non-OPEC and OPEC producers part of the OPEC+ pact, pledged in November additional voluntary cuts of a total of 2.2 million barrels per day…

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