In 2025 and 2026, the country will take measures to fulfill its commitments and compensate for overproduction in 2024.
Despite the increase in production due to the expansion of the Tengiz field, Kazakhstan emphasized the importance of adhering to agreements and intends to continue negotiations with partners in accordance with international law.
The OPEC+ Committee decided on February 3 to maintain the current production policy and noted that postponing its increase to April 1 stabilized the market.