Kazakhstan Fulfilled OPEC+ Obligations

The 56th meeting of the OPEC+ Joint Ministerial Monitoring Committee was held today, October 2, 2024. Crude oil production data for July and August 2024 and current market conditions have been analyzed.
Iraq, Kazakhstan, and Russia have confirmed the complete fulfillment of their obligations per the September compensation plans. The three countries have also confirmed that they will continue to fulfill their commitments and compensations until the end of the remaining period of the Agreement.
The monitoring office will continue to follow compliance with all obligations and additional voluntary reductions. Additionally, they will consistently assess market conditions.
The next meeting of the committee will be on December 1, 2024.
Latest news
- Iran Signals Openness to Nuclear-Weapon-Free Treaty
- Iran Launches Major Missile Strike on Israel as Conflict Escalates
- Kazakhstan to Control Future Nuclear Power Plant, Eyes China for Second Project
- Experts Comment on Rosatom Being Chosen to Lead International Consortium for Kazakhstan’s First Nuclear Power Plant
- No Investigation Into Former Defense Minister Zhaqsylyqov, KNB Confirms
- Escalation in The Middle East: Kazakhstan Urges Restraint, Halts Flights Over 6 Countries
- Israel and Iran Exchange Strikes Amid Escalation
- Rosatom Chosen to Lead International Consortium for Kazakhstan’s First Nuclear Power Plant
- “Holding On”: Life Continues in a Deregistered Qostanay Village
- Two Kazakh Students Admitted to Prestigious U.S. Military Academy
- Deputy's Son, Nurasyl Bolat, Seeks Fine In Lieu of Sentence
- Major International Brand Relocates to Kazakhstan
- No Municipal Use Planned for Massimov’s Confiscated Mansion
- Cross-Border Steppe Fire Sparks Back-and-Forth Between Russia and Kazakhstan
- U.S. Lawmakers Reaffirmed Willingness to Lift Jackson-Vanik Trade Restrictions for Kazakhstan
- Muratkhan Tokmadi Denied Sentence Reduction Once Again
- Security Council Situation Center Head Relieved
- Kazakhstan and U.S. Discuss Trade, Critical Minerals, and Agriculture
- Kazakhstan Identifies 38 New Sites with Mineral Potential
- Qazaq Banki’s Collapse: What It Cost KazAgro