Kazakhstan in talks with oil majors to cut output, energy minister says

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HOUSTON : Kazakhstan is in discussions with oil majors to cut oil output to bring the country's supply back in line with OPEC+ targets, the country's energy minister Almasadam Satkaliyev said on Monday.

"We are in phases of discussions with the majors, we are having an open dialogue", Satkaliyev said on the sidelines of the CERAWeek conference in Houston.

FILE PHOTO: Kazakh Energy Minister Almasadam Satkaliyev attends a government meeting in Astana, Kazakhstan June 6, 2023.

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Article Details

Category: EconomyBusiness

Markets: SingaporeKazakhstan

Topics: Minister Energy Output Satkaliyev Opec+ Houston Discussions Country Kazakhstan Almasadam Majors

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 04:11:14 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 166 words

Reading Time: 1 minutes read

Sentences: 12 lines

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Copyright Owner: © Channel News Asia

News ID: 26862724

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