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Kazakhstan to join talks with OPEC, undecided on output cut

EnergyKazakhstan to join talks with OPEC, undecided on output cut
Energy minister Kanat Bozumbayev.
Energy minister Kanat Bozumbayev.

Kazakhstan’s energy minister plans to attend the Dec. 10 meeting of OPEC and non-OPEC producers in Vienna, he said on Tuesday without committing to any output cuts.

“We are not the biggest oil-producing country outside OPEC, we will see what out partners’ position is,” minister Kanat Bozumbayev told reporters when asked if Kazakhstan would reduce oil production.

Non-OPEC producers are expected to contribute a combined cut of 600,000 barrels per day (bpd), with the half coming from Russia, the world’s top oil producer and the biggest producer outside OPEC.

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