The major late Kazakhstan was in the OPEC+ Oil Charter in February, showing OPEC data

MOSOCON (Reuters) – Moscow (Reuters) on Wednesday showed that Kazakhstan contributed more than half of the total OPEC+ oil production in February, lagging behind its pledges to reduce production.

Kazakhstan has constantly exceeded its productive share of 1.468 million barrels per day under the production deal reached by the organization of oil exporting and allies, including Russia – known as OPEC+.

According to OPEC data, Kazakhstan produced 1.767 million barrels per day (BPD) of oil in February, an increase of 1.570 million barrels in January.

She promised to cut out and compensate for excessive production.

However, it enhances oil production in the Chevron -led Tingons Oil field, the largest in the country.

Raw oil production in Russia decreased by 0.04 % to 8.973 million barrels per day (BPD) in February 8.977 million barrels in January, according to OPEC.

It was just less than the directing share in Russia, which is 8.98 million barrels per day, under an agreement between OPEC+producers.

Russia’s share is expected to rise to 9.004 MLN BPD from April with the gradual production of OPEC+’.

Deputy Prime Minister Alexander Novak said last week that the OPEC+ Group agreed to start increasing oil production from April, but it can reverse the decision after that if there are imbalances in the market.

(Say in the coverage, Olyssia Astikova and Vladimir Soldatin; Edited by Thomas Ganeovsky)