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Kazakhstan to compensate for exceeding OPEC+ quota in March

Kazakhstan to compensate for exceeding OPEC+ quota in March

by Mose Hickle

Kazakhstan to compensate for exceeding OPEC+ quota in March

ALMATY :Kazakhstan will atone for exceeding its oil production quota under the OPEC+ agreement in March, the nation’s energy ministry mentioned in a press start on Sunday.

The ministry mentioned that in step with “secondary sources”, Kazakhstan produced 131,000 barrels per day above its quota in March resulting from climate stipulations and heating requirements.

Iklan

It mentioned it could well presumably presumably post a compensation thought to the group’s monitoring committee by April 30.

Source: Reuters

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