Kazakhstan Not Leaving OPEC+ Despite Constantly Busting Quotas

Kazakhstan Not Leaving OPEC+ Despite Constantly Busting Quotas

Non-OPEC producer Kazakhstan, which is boosting its oil output in defiance of its quotas in the OPEC+ deal, doesn’t plan to leave the alliance of producers, the country’s top officials said on Tuesday. Kazakhstan is not considering leaving the OPEC+ pact as it believes it helps stabilize the oil market, Prime Minister Olzhas Bektenov said on Tuesday, as quoted by Russian news agency Interfax. “We will do our best to fulfill our obligations, but …