Kazakh Energy Minister Believes OPEC-Non-OPEC Oil Cuts To Be Proportional In Every Country

Kazakh Energy Minister Believes OPEC-Non-OPEC Oil Cuts To Be Proportional in Every Country

Kazakhstan believes that the signatories of the OPEC-non-OPEC deal on oil cuts reduction, which is currently being negotiated, will reduce their oil output levels proportionally, Kazakh Energy Minister Kanat Bozumbayev said on Friday.

VIENNA (Pakistan Point News / Sputnik - 07th December, 2018) Kazakhstan believes that the signatories of the OPEC-non-OPEC deal on oil cuts reduction, which is currently being negotiated, will reduce their oil output levels proportionally, Kazakh Energy Minister Kanat Bozumbayev said on Friday.

"We will reduce. [Everything] depends on negotiations. [We will reduce our oil outputs] proportionally, like everyone," Bozumbayev told reporters.