Kazakhstan Welcomes OPEC's Gradual Oil Production Boost
Kazakhstan's President Kassym-Jomart Tokayev met with OPEC Secretary-General Haitham al-Ghais, welcoming the decision to boost oil production gradually. The leaders prioritized national interests and explored ways to enhance regional energy resilience.
During their discussion, Tokayev and al-Ghais emphasized the need to balance the interests of both oil-producing and oil-importing nations. The Kazakh President commended OPEC's role in maintaining stability and predictability in the global oil market.
The leaders also discussed the current state of the global oil market and pressing cooperation issues. Tokayev viewed al-Ghais' visit as a significant step in fostering constructive dialogue between Kazakhstan and OPEC.
Kazakhstan supports the OPEC+ decision to gradually increase oil production, with Tokayev and al-Ghais agreeing on the importance of balancing interests and maintaining market stability. The visit signals a strengthening of ties between Kazakhstan and OPEC.
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