Kazakhstan plans to expand cooperation with OPEC

Photo: Kazakhstan plans to expand cooperation with OPEC / Kazakhstan

Baku, Azerbaijan, June 9

By Elena Kosolapova- Trend:
Kazakhstan plans to expand cooperation with the Organization of Petroleum Exporting Countries (OPEC), the country's Permanent Representative in the International Organizations in Vienna Kairat Sarybay said, Kazakh Foreign Ministry reported on June 9.

Sarybay made such a statement at the meeting with Secretary General of OPEC Abdalla El-Badri.

During the meeting the parties discussed Kazakhstan's role in the global energy cooperation, the prospects of bilateral cooperation, the activities of OPEC aimed at stabilization of the oil market and current situation in the global energy market.

Abdullah El-Badri noted that OPEC would maintain oil production level at 30 million barrels per day and expressed interest in establishing a dialogue between Kazakhstan and OPEC in the field of global energy cooperation.

Sarybay in turn noted that Kazakhstan is a reliable strategic partner in the energy sector. He invited OPEC's Chief to visit Kazakhstan in order to attend 25th meeting of the Energy Charter Conference on November 27, 2014 in Astana and to discuss perspectives of cooperation with Kazakhstan. Sarybay also positively assessed OPEC's activities on maintaining stability of oil prices and oil supply.

Edited by C.N.

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