Kazakhstan is taking measures to comply with OPEC+ commitments, energy minister says

FILE PHOTO: A worker walks past infrastructure on D Island, the main processing hub, at the Kashagan offshore oil field in the Caspian sea in western Kazakhstan August 21, 2013. REUTERS/Stringer.
Reuters

The country is ready to settle disagreements and has always been open for talks with Western oil companies over arbitrations, he added

Tamara Vaal, Reuters News

February 26, 2025

PHOTO
FILE PHOTO: A worker walks past infrastructure on D Island, the main processing hub, at the Kashagan offshore oil field in the Caspian sea in western Kazakhstan August 21, 2013. REUTERS/Stringer.

Kazakhstan is taking all necessary measures to fulfil its oil production obligations under its agreement with OPEC+, its energy minister said on Wednesday.

The country is ready to settle disagreements and has always been open for talks with Western oil companies over arbitrations, he added.

The Central Asian country has clashed for years with international oil companies over costs, bringing multi-billion-dollar claims against them in 2023.

(Reporting by Tamara Vaal; Writing by Gleb Stolyarov; Editing by Mark Trevelyan)

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