Kazakhstan produced 86.2 million tonnes of oil in 2017, up from 78 million tonnes a year earlier, Economy Minister Timur Suleimenov told a briefing on Thursday.
The Central Asian nation plans to produce just as much or slightly more crude in 2018, he said.
Originally authored by Raushan Nurshayeva (Reuters).
Kazakhstan is doing very well. They’re really — they’ve turned things around. They have a lot of advantages over some nations, frankly, and they have some tough situations.Voice Eurasia Crossroads
Recent developments in Azerbaijan’s neighborhood – the potential resolution of the status of the Caspian Sea; a more vibrant Central Asia due to Uzbekistan’s new openness towards its neighbors; and economic cooperation between Azerbaijan, Turkey, and Georgia – portend a greater political and economic role for the Republic of Azerbaijan.Argument Eurasia Crossroads