Bloomberg: Kazakhstan violates agreement to reduce oil production

Information service Bloomberg publishes material on countries that violate the OPEC + agreement to reduce oil production. The material, in particular, provides statistics from the Minister of Economy of the Republic of Kazakhstan Timur Suleimenov. Statistics show that the Republic of 2017, according to the results of the year, increased the production of "black gold" by 10,5%. Kazakhstan's oil production amounts to 86,2 million tons.

It was also noted that Kazakhstan plans to increase oil production in the 2018 year, bringing it to the value of 87 million tons per year. This was announced earlier by the Minister of Energy of Kazakhstan Kanat Bozumbayev.

Thus, Bloomberg states that Kazakhstan has become the second country after Iraq, which violates the agreement of OPEC and other countries-exporters of oil (OPEC +). The agreement states that the permissible figure is 1,74 million barrels per day, while Kazakhstan already produces about 1,8 million.

There were reports in Kazakhstani media that in the event of a violation of the agreement of one of the countries, several states, including Russia, promised to increase oil production. However, at the moment there has been no increase in production volumes. At the same time, a barrel of “black gold” is trading at a mark that closely approximates 70 dollars. This mark, apparently, more than suits all players in the oil market, including the United States. The fact is that in the USA, after the price of 60 dollars per barrel, the shale industry, which is still frozen, becomes profitable again.

Comments

[Cat]

Ay, ah, ayah! Friends of Kazakhs !!!

[Andrey Yuryevich]

Kazakhstan became the second country after Iraq, which violates the OPEC agreement

"democracy" threatens the Kazakhs ...

[Tatyana]

And what should Kazakhstan do if the US banks froze the entire national sovereign reserve fund of Kazakhstan? !!!
From somewhere, Kazakhstan needs to take money for the life of the country! So we get what we get!
Nafig was the country's sovereign national fund stored in US banks!

[Going]

You feel the hand of the United States, took Kazakhstan by the throat.

[Lelek]

Quote: Going

The hand of the USA is felt, Kazakhstan is taken by the throat

The next step will be a proposal to Nazarbayev to go under the US umbrella in return for canceling decisions on Kazakh deposits in US banks and restrictions on oil production. What will win - greed or common sense - we will see in the near future.

[Going]

Greetings Leo! , they have been courting and tightening the noose for a long time, Kazakhstan will soon manifest.

[Lelek]

Quote: Going

they have been courting and tightening the noose for a long time, Kazakhstan will soon manifest.

My classmate lives in Kazakhstan. Recently I came to St. Petersburg and talked about the troubles there. So, the decisions are mainly made not by Nazarbayev himself, but by his family members and the main voice - the daughter, who soon may take the reins in her hands. And its orientation is the EU.

[Viktor.12.71]

I agree. But there are nuances. Kazakhstan is included in the sphere of influence of Russia and China. You should be worried about the last player, not the USA. Otherwise, after 5-10 years, you will receive a Chinese vassal in the south of the country.

[Lelek]

Quote: Viktor.12.71

You should be worried about the last player, not the USA. Otherwise, after 5-10 years, you will receive a Chinese vassal in the south of the country.

Victor.
While the sun rises, the dew eyes eat up. China (so far, at least) does not threaten us with weapons and war, but the states and NATO - yes. So, you need to solve problems based on their temperature. But these are only our "IMHO". Decisions are not made by us at VO.

[Viktor.12.71]

Lelek
Knowing the Chinese, they are building their steps for 5-10 years in advance. Now China is actively occupied by Kyrgyzstan. But the most interesting is that no one considers Chinese investments in Kazakhstan, as Kazakhs are afraid of Chinese economic expansion, and studying in China for Kazakhstani youth has become very prestigious. The authorities of Kazakhstan hide a lot from the people, especially the infusion of RMB into the economy of Kazakhstan. It just needs to be kept in mind. Geopolitics is not overlooked.

[Going]

China is so dangerous because with a quiet glander it will take everything economically.

[Vasilenko Vladimir]

Quote: Tatiana

And what should Kazakhstan do if the US banks froze the entire national sovereign reserve fund of Kazakhstan? !!!

not all, and less need to steal

[Andrey Yuryevich]

And what should Kazakhstan do if the US banks froze the entire national sovereign reserve fund of Kazakhstan? !!

reminiscent of times
Charles De Gaulle ... don't you find Tanya?

[Tatyana]

Quote: Andrey Yurievich

And what should Kazakhstan do if the US banks froze the entire national sovereign reserve fund of Kazakhstan? !!

recalls the times of Charles De Gaulle ... don’t you find Tanya?

Dear Andrey Yuryevich! You are absolutely right! Moreover, not the word “reminds”, namely, the exact same pattern of robbery by private banks of the US Federal Reserve of the national sovereign gold of foreign states, as well as their stock assets, works both during and immediately after WWII! Moreover, including the assets of the United States.

Namely, all the post-war gold of foreign states migrated to private American banks, primarily to the Rothschild banks. In fact, America privatized gold, which was transferred to it for storage following the Second World War.

[Vasilenko Vladimir]

Quote: Tatiana

namely, the exact same pattern of robbery by private banks of the US Federal Reserve of the national sovereign gold of foreign states works

NASU himself needs to grab a smaller alien

[Vasilenko Vladimir]

Quote: Andrey Yurievich

Charles De Gaulle ... don't you find Tanya?

is it you now compared with ANAS de Gaulle?

[Kasym]

Tatyana. First, the facts, then you will make a conclusion yourself.
1. KZ reduced production from 80 million to 70 million. tons before agreements with OPEC (2014)
2. The modernization of the CPC pipeline began (from Kapia to the Black Sea - Novorossiysk 1,5 thousand km.) From 35 to 70 million. tons annually - ended last year.
3. The reconstruction of all refineries in the KZ has begun. At the end of 17g. the first capacities are launched, at the end of this all will be launched.
4. Because of this, the number of fuels and lubricants and petroleum products imported from Russia increased to 1 million tons annually.
5. Last year, the Kashagan field was launched.
The conclusion is this: compensation has gone for a decrease in production and an increase in domestic processing (domestic consumption).
Arrest Nat. Fund. It’s just about 1-3 billion dollars. All the largest naves work in the KZ. companies of the world. They do not need this scandal - it may affect them. Therefore, there is someone to lobby.
It is better to keep the currency where it is printed. In KZ, the euro and the dollar with the yuan do not "work". And there we earn at least some interest - that's why the Russian Federation, China, etc. keep the currency there, where it goes in circulation (works).
Information: Kazakhstan owns gold reserves in the amount of over 100 billion. dol ..

[Tatyana]

Kasym
Arrest Nat. Fund. It's just about 1-3 billion dollars ..

Dear Kasym! We had other information. Namely.

in the USA, funds of the national sovereign fund of Kazakhstan were frozen, for a total amount of approximately 22 billion dollars or 17% of Kazakhstan's GDP.

See "The USA has frozen the accounts and money of Kazakhstan - are ours next in line?" - http://allpravda.info/ssha-zamorozili-scheta-i-de
ngi-kazakhstana - nashi-na-ocheredi-54077.html

Hence my conclusions.

[Kasym]

Well, the Moldovan is suing for 4 billion (by your link). The bottom line is that they allegedly invested 0,5-1 mln. (I don’t remember exactly) in the form of equipment for which they screwed up (according to the Germans, equipment suppliers) ... Well, those percentages for this amount are shorter in a brazen rod (according to ours) ... Well, they will even give them this money , although I think a maximum of 3 billion. Well, and what reason will they have to further freeze money? It’s another matter that I’m assuming some kind of agreement with responsible persons (kickbacks, etc.) ... In short, this is not profitable for Western business in KZ. Our oil is considered as an alternative supplier and is supplied from Italy in the south to Germany. The pressure levers are enough to “squeeze”. There are many examples. Uranus etc. - they have investments of 100 billion here. They are for this Moldovan ... well, you know.
We are even better. There is clearly "smacks of leftist." In our country, the prime minister even condemned has something to say for the ministers and the governors ... NASU will have a concrete lesson - it will shake anyone.
He is in the United States, he will be pushing at the UN (Chairman of the UN Security Council in January18)). Trump offered to arrange a meeting before this speech 16. But there he is sure that he will not even speak for this money. Gold reserves KZ - 100bn. Well, they’ll even sue 5 billion - it’s violet to the people - and the authority of the authorities before the people ... - It’s not beneficial for NAS.
The EU is also interested in the Silk Road. Transit is increasing 2 times every year.
We need reserves in the drag. hold metals. But to provide banks with currency and lending, to keep part of the reserves - this is actually their requirements for securing loans - there. But it’s difficult if it goes ... they themselves will throw us in the direction of Asia and China ... And about Russia, this is from the realm of fantasy. The EU has fundamental energy interests in the Russian Federation.
FACT. The dollar is falling. There are no problems with the currency at all ... The people are not even steamed for this case with freezing ... Nat. Sovereign. The foundation is actually the foundation of future generations. That is, it is inviolable with us, it is replenished every year - from new revenues for the year it is partially taken for state projects (railway, state highways, power lines, pipelines, etc.) on the trail. year.

[Vasilenko Vladimir]

Quote: Kasym

Arrest Nat. Fund. It's just about 1-3 billion dollars ..

Why are "frozen" $ 22 billion from the National Fund of Kazakhstan, said an American consultant
https://www.nur.kz/1709496-pocemu-zamorozeny-22-m
lrd-iz-nacfonda-kazakhstana-rasskazal-amerikanskij
-consultant.html

on the "freezing" of the assets of the National Fund of Kazakhstan in the amount of $ 22 billion.
https://forbes.kz/process/probing/pochemu_zamoroj
enyi_aktivyi_natsfonda_kazakhstana

What kind of 1-3 billion do you say? !!!

[siberalt]

If not for Kazakhstan, we would drink expensive Russian vodka and smoke crappy Medvedev cigarettes, which are three times more expensive than Kazakh cigarettes. But what Sechin did not share with Nazarbayev, such as a light bulb.

[Cadet]

That's right, and so they bring fake vodka, drugs, trucks, take out the forest, overloading cars, loading the forest without measure.

[Vasilenko Vladimir]

Quote: siberalt

If not for Kazakhstan, we would drink expensive Russian vodka and smoke crappy Medvedev cigarettes, which are three times more expensive than Kazakh

do not drink and do not smoke and you will be happy

[siberalt]

Why live if it’s better in paradise?
As in that joke when a man joined the Communist Party. It turned out that he smokes, drinks and cares for women. - The communist does not have to do this, you need to quit it all, the selection committee concludes .. Okay, bro, the man says. - Well, if you have to give your life for the party, then give it back, ask him - Of course I will. Fuck me such a life, the man answers.

[Vasilenko Vladimir]

but what does vodka and smoke have to do with it ?!
somehow our ancestors managed while the first parsley got out

[Russia]

They walk along the verge, cover them slowly.

[dSK]

Quote: Rusland

cover them slowly

Nursultan Abishevich hired Tony Blair to advise Kazakhstan to join the WTO. Blair did a good job - Kazakhstan is changing the alphabet, the English elite learn English children and they know the English language better than Russian. And the "Gulen" pastors are not sitting idle. Will Nursultan Abishevich manage to hand over the matters to his grandson?

[Simon]

Apparently, they want to grab the first for more currency! Only the boomerang quickly returns and hits the head very painfully!

[Mountain shooter]

For as many as 60 thousand barrels per day? At the level of 1800 thousand barrels? Exceeded, horror, by 3 with a small percentage. I think at the level of measurement error. The usual thing. Spur the topic in every way ...

[oldzek]

for sure! well they don’t like the agreements passing by them!

[Same lech]

Anglo-Saxons are now bred in Kazakhstan for 22 billion dollars ... and he needs to somehow make up for these losses ... ASTANA decided that it is easier to violate the agreement ... in general, saving the drowning man is the work of the drowning man himself.

[Vasilenko Vladimir]

Quote: The same LYOKHA

Kazakhstan Anglo-Saxons are now bred for 22 billion dollars ..

Yes, no one bred them, Nazarbayev lost every measure, got used to squeezing out his own, did not focus with the “bourgeois”

[rotmistr60]

Kazakhstan became the second country after Iraq, which violates the OPEC agreement

I will express my personal opinion, which someone may not like. The permanent leader of Kazakhstan, Comrade Nazarbayev, at the end of his life believed that he was a great world elder, who should not listen to someone in his status, but act as he likes. Someone is born Trump, and someone becomes him (under the halo of power).

[odometer]

But Comrade Kim believes and knows that "he is the great world elder" - "wanted to sneeze" at all and nothing, rolls ...

[rotmistr60]

odometer, Explain the connection between Nazarbayev and Kim Jong-un about this article. As I understand it, you are moving your curvimeter on the wrong map (or maybe you do not understand the purpose of this device).

[odometer]

"... should by its status listen to someone or ..." Explained?

[rotmistr60]

No, not explained. In the comment

который not must in status listen to someone else

You explain to me where does the oil production in Kazakhstan and Kim Jong-un? And it would also be interesting to know - how do you perceive the concept of "curvimeter"? And you know what it is?

[odometer]

I explain. You mean that the National Academy of Sciences imagined itself to be a great world leader and does not listen to anyone, but supposedly should ... I brought an analogy with Comrade Kim. And about the curvimeter ... "Fine, Khobotov!"

[rotmistr60]

Judging by your comments is not shallow. Moreover, they brought a quote from the "Intercession Gate". And what is a curvimeter?

[rotmistr60]

Went to search the Internet. This is what a nickname’s choice in terms of the sound of a word, and not in its meaning. And there are more and more of them. And what will happen in February-early March?

[odometer]

If there is a desire to troll, then not at the address ... And as I understand it, it was not NAS that believed in its greatness, but you. But the crown is not your size, but the jester's cap is just ...

[rotmistr60]

Have you ever served in the army? Apparently trying on a cap is and is up to you!

[odometer]

It was necessary. In the armies of two states. And you are probably among the political leaders, well, or from the military department maximum ...

[Vasilenko Vladimir]

Quote: rotmistr60

The permanent leader of Kazakhstan, comrade Nazarbayev, at the end of his life believed that he was a great world elder who should not listen to someone in his status

he believed it back in 91

[avt]

Quote: rotmistr60

The permanent leader of Kazakhstan, comrade Nazarbayev, at the end of his life believed that he was a great world elder who should not listen to someone in his status, but act as he likes

So he called himself Yelbass. Well, with regards to

Thus, Bloomberg states that Kazakhstan has become the second country after Iraq, which violates the agreement of OPEC and other countries-exporters of oil (OPEC +). The agreement states that the permissible figure is 1,74 million barrels per day, while Kazakhstan already produces about 1,8 million.

Because Pushkin is our everything, it’s a classic, denunciation of the villains to Tsar Vladimir from Bloomberg. " Perhaps a ride and from the Kremlin they suddenly run into Elbasy. And why not? What if it’s a ride? Minimum costs, and the likely profit is quite weighted.

[fa2998]

And the Kazakhs have nothing more to do! The economy is awful, an economic miracle did not happen! In 20 years a new Asian tiger has not arisen while the oil price jumped, the Kazakhs are trying to fix their financial affairs. And then something either under Russia or under China.
But there are already notes not in the direction of Russia, they are destroying the Russian alphabet, introducing Latin. Well, of course, not Chinese characters, but this is a clear anti-Russian step!

[Viktor.12.71]

Quote: fa2998

And the Kazakhs have nothing more to do! The economy is awful, the economic miracle did not happen

They have such corruption that bureaucrats buy apartments in Paris for 58 lyam euros. The only miracle that happened to Kazakhstan is corruption.

[Herculesic]

When they say that the state should not live by selling its natural resources, we are talking about many countries! For example, Azerbaijan, and they extract oil and develop the economy! And why can’t our government or the same Kazakhstan do this? We got used to pumping oil and gas out of the land, selling timber, and living one day, not thinking about the future of the country, about future tingling, which will also be tied to hydrocarbons, and almost have no technological and industrial production ???????

[Volodin]

Quote: Herkulesich

Here, for example, Azerbaijan, and oil is produced, and the economy is developed!

And in Russia and Turkey, "half of Azerbaijan."

Quote: Herkulesich

And why can not our power do

And for starters, it would be worthwhile to ask about the percentage of oil production in the economy of Russia and the same Azerbaijan - perhaps you would not have written this comment ...

[Herculesic]

Volodin - Alexey Happy Old New Year First, and secondly, how much can the authorities shout that the country should get off the hydrocarbon needle and not go beyond words? We are a great country, but we don’t have any business with production — textiles, shoes, clothes, we hardly produce ourselves — we’ll buy from China! ”And then, in general, will we buy everything from them soon? It’s unpleasant for me, for example, that we wanted to buy turbines from the Chinese for our corvettes and frigates! We got to the point of killing our own, and then we remember that we taught the same Chinese a lot of things! And now, students are selling mass and not the highest quality consumer goods with might and main to teachers! And this is a very unpleasant fact! !!!

[Volodin]

And you with the holiday!
This is all clear. But only initially the comparison was with Azerbaijan - it was for this comparison that my comment was.

[rotmistr60]

We are used to pumping oil and gas out of the land, selling timber, and living one day without thinking about the future of the country, about future tingling, which will also be tied to hydrocarbons, and almost have no technological and industrial production ???????

Eco how old style influenced you. It turns out to Russia and in the future born generation comes a full paragraph? They pumped out oil and gas, they probably ate the coal themselves, and there’s nothing more to boast of. Well, let’s see.

[andron-30]

well-thought-out, they want to grab it soon, only then they will bite their elbows, Iran has nowhere to go, it’s in sanctions like a hedgehog in needles, and the Kazakhs are impudent.

[Vanin]

Thus, Bloomberg states, Kazakhstan became the second country after Iraq, which violates the OPEC agreement

No matter how in Kazakhstan chemical weapons are not found, something is a familiar scenario ..

[Alex-a832]

There is no unity between OPEC countries. Selfish interests prevail. These agreements are observed only when they are sure that their non-compliance is even less beneficial. In addition, Kazakh volumes will not affect the oil market in any way.

[rotmistr60]

curvimeter ... here is the clownish cap just ... [

Offended by the two countries, I am from the USSR Higher Command Combined Arms School, and who are you in life (decide). I shouldn’t hang noodles on the ears of a “military man” who didn’t stand close to the army. So usually when drunk, the face is beaten for outright lies.

[odometer]

Well, you have decided on this comment ... From the army they trampled for a booze?

[Filippov Yuri]

The tricks of the Moldovan businessman Anatoly Stati are suspiciously similar to the tricks of the “sitter” Michel Khodorkovsky. Carbon copy.

[Vasilenko Vladimir]

compared to Narzarbayev and Co. he is a child