Kazakhstan Energy Minister: National interests take priority over OPEC+ on output levels ...Middle East

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Kazakhstan Energy Minister: National interests take priority over OPEC+ on output levels
source : forex live ( Middle East ) () 44
National interests take priority over OPEC+ interests when it comes to oil output levels.Kazakhstan cannot reduce oil output from old oilfields, as it would destroy them.Cannot order oil majors to cut output either.We will support oil output increase at the Chevron-led Tengiz field.No major maintainance planned at Caspian pipeline this year.Kazakhstan is able to increase oil supplies to Germany via Russia, depending on position of Moscow. This article was written by Giuseppe Dellamotta at www.forexlive.com.

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