Kazakh Energy Minister participated in the OPEC+ ministerial meeting in Vienna

Kazakh Energy Minister participated in the OPEC+ ministerial meeting in Vienna

June 4, 2023, Vienna – The delegation of the Republic of Kazakhstan headed by Energy Minister Almassadam Satkaliyev took part in the 35th Ministerial Meeting of the Organization of Petroleum Exporting Countries (OPEC) and Non-OPEC member countries, as well as the 49th meeting of the OPEC Joint Ministerial Monitoring Committee.

During the meeting, it was decided to adjust the level of total oil production to 40.46 million barrels per day from January 1 to December 31, 2024. The production level for Kazakhstan will be 1.628 million barrels per day. The participants also noted the importance of compliance with the obligations under the OPEC+ Agreement.

The next 36th OPEC+ Ministerial meeting will be held on 26 November 2023 in Vienna.