BR100 Decreased By (-0.5%)
BR30 Decreased By (-0.66%)
KSE100 Decreased By (-0.38%)
KSE30 Decreased By (-0.38%)
AGHA 6.64 Decreased By ▼ -0.03 (-0.45%)
BECO 4.38 Increased By ▲ 0.03 (0.69%)
BML 55.50 Decreased By ▼ -0.67 (-1.19%)
BOP 29.96 Decreased By ▼ -0.16 (-0.53%)
CNERGY 12.76 Decreased By ▼ -0.22 (-1.69%)
CSIL 5.20 Decreased By ▼ -0.11 (-2.07%)
FCCL 51.19 Decreased By ▼ -0.46 (-0.89%)
FFL 14.28 Decreased By ▼ -0.21 (-1.45%)
FNEL 1.19 Decreased By ▼ -0.02 (-1.65%)
KEL 6.00 Decreased By ▼ -0.06 (-0.99%)
KOSM 5.73 Decreased By ▼ -0.11 (-1.88%)
LOTCHEM 26.25 Increased By ▲ 0.08 (0.31%)
MLCF 88.90 Decreased By ▼ -2.33 (-2.55%)
NBP 162.46 Decreased By ▼ -1.73 (-1.05%)
NCPL 52.56 Decreased By ▼ -0.62 (-1.17%)
NPL 58.69 Decreased By ▼ -0.43 (-0.73%)
OGDC 313.50 Increased By ▲ 0.11 (0.04%)
PACE 9.75 Decreased By ▼ -0.02 (-0.2%)
PAEL 35.00 Decreased By ▼ -0.24 (-0.68%)
PIBTL 14.44 Decreased By ▼ -0.27 (-1.84%)
PPL 219.50 Decreased By ▼ -1.86 (-0.84%)
PRL 91.25 Increased By ▲ 0.03 (0.03%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.04 Decreased By ▼ -0.26 (-1.12%)
TBL 8.79 Increased By ▲ 0.04 (0.46%)
TELE 7.55 Decreased By ▼ -0.06 (-0.79%)
TPL 21.85 Decreased By ▼ -0.18 (-0.82%)
TPLP 12.32 Decreased By ▼ -0.24 (-1.91%)
TREET 21.73 No Change ▼ 0.00 (0%)
TRG 55.26 Decreased By ▼ -0.53 (-0.95%)
Markets

Kazakhstan says to join Doha oil producers' meeting

Published Updated

imageASTANA: Kazakh Energy Minister Kanat Bozumbayev will attend an oil producers' meeting in Doha on April 17 where they plan to discuss an output freeze, the ministry said on Friday.

Kazakhstan, the second-biggest oil producer in the former Soviet Union with an output of about 1.5 million barrels per day, said a day ago it was still undecided about whether to join the talks.

Bozumbayev, appointed minister at the end of March, has made no public comments on the freeze plans. His predecessor Vladimir Shkolnik had balked at the idea.

Kazakh oil production is set to decline slightly for the third year in a row in 2016 as some local fields mature.

However, the Central Asian nation plans to relaunch output at its giant Kashagan field in the Caspian in the fourth quarter, which was halted in 2013 due to leaky pipes.

Copyright Reuters, 2016

Comments

Comments are closed for this article.