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.