Kazakhstan faces calls to raise oil supplies as Gulf routes tighten

Kazakhstan's international partners are urging the country to increase oil exports as restrictions in the Strait of Hormuz continue to disrupt global energy markets, Energy Minister Yerlan Akkenzhenov said.

Speaking to journalists, Akkenzhenov stated that Kazakhstan is acting under its national interests and emphasized that the country remains a reliable supplier of crude oil to its partners, Caliber.Az reports, citing Russian media.

He noted that, given the current limitations affecting transit through the Strait of Hormuz, foreign partners have approached Kazakhstan with requests to raise oil deliveries.

The minister made the remarks in response to a question about how Kazakhstan intends to fulfill its commitments under the OPEC+ production agreement.

According to Akkenzhenov, partners are seeking the maximum possible increase in supplies. However, he stressed that Kazakhstan faces infrastructure constraints that limit its ability to significantly expand production and exports beyond current levels.

While acknowledging the strong demand for additional Kazakh crude, the minister did not provide specific figures regarding the requested increase or the country's potential export capacity.

By Vafa Guliyeva