Kazakistan
KAZAKHSTAN-OPEC-OIL-ASSESSMENT
Kazakhstan exceeded OPEC+ quota by 274,000 bpd in May - S&PKazakhstan's oil production in May 2025 amounted to 1.76 million barrels per day (bpd), according to a review by S&P Global.Kazakhstan's oil production quota under the OPEC+ agreement for May was 1.486 million bpd.Thus, according to S&P Global, Kazakhstan exceeded its OPEC+ quota by 274,000 bpd in May.In April, Kazakhstan's oil production was 1.77 million bpd against a quota of 1.473 million bpd.As previously reported, on June 2, eight OPEC+ countries (Saudi Arabia, Russia, Iraq, UAE, Algeria, Kuwait, Kazakhstan, and Oman), which had previously implemented oil production cuts totaling 2.2 million bpd, decided to again increase their collective quotas by 411,000 barrels per day starting in July. (ICE ALMATY)
Fonte notizia: INTERFAX
