The Astana Times - The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC partners, a group of oil exporters called OPEC+, agreed to reduce their oil production quotas by 2 million barrels per day in November this year at the 33rd OPEC and non-OPEC Ministerial Meeting (ONOMM) on Oct. 5 in Vienna, reported the organization’s press service.
Minister of Energy Bolat Akchulakov represented Kazakhstan at the meeting. The country’s obligations for November will be 1.628 million barrels per day.
The OPEC+ next meeting is scheduled for Dec. 4.
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