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Kazakhstan Has No Plans to Change Oil Production Forecast for 2024

OIL

Kazakhstan is not planning to change its production forecast for 2024 due to its voluntary output curbs as part of OPEC+, according to Energy Minister Almasadan Satkaliev.

  • Voluntary reductions as part of OPEC+ will take place in Q1 and Q2, adding that they have the opportunity to compensate for the curtailed production in H2 of 2024, he said.

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