Kazakhstan calls for consensus on OPEC+ deal

Minister of Energy of the Republic of Kazakhstan Nurlan Nogaev on March 11, 2020, called for the Organization of Petroleum Exporting Countries (OPEC) and a group of countries known as OPEC+, to reach a consensus that would stabilize oil prices.

“Kazakhstan is interested in stable oil prices. We all understand that where there is agreement, where there is mutually agreed action, there is always the opportunity to determine the future. We are for the decision to satisfy all sides,” N.Nogaev told reporters on the sidelines of the Mazhilis, Lower House of Parliament.

Kazakhstan will take part in the meeting of the OPEC + technical committee, which is scheduled for March 18, 2020.

The Minister noted that Kazakhstan adheres to the position of consensus on a deal between members of the meeting.