Kazakhstan can raise oil production in December to 1.569 million barrels per day, up from the November cap of 1.563 million. Eight OPEC+ nations made this decision on Nov. 2.
The total oil production increment for December was agreed at 137,000 barrels per day. Therefore, a 7,000-barrel-per-day increase is allocated to Kazakhstan. OPEC+ partners determined the increments based on «a steady global economic outlook and current healthy market fundamentals.»
Moreover, Saudi Arabia, Russia, the UAE, Iraq, Kuwait, Oman, Kazakhstan and Algeria decided to halt their oil production increments in January, February and March 2026.
From April to November 2025, OPEC+ countries increased production quotas by more than 2.7 million barrels per day, accounting for approximately 2.5% of the world oil supply. The next OPEC+ meeting is scheduled for Nov. 30.
Kazakhstan has repeatedly violated OPEC+ commitments, producing beyond agreed quotas following the production increase at the Tengiz field. According to the International Energy Agency, Kazakhstan produced 1.86 million barrels per day in June, far above the 1.514 million quota. In May, production was 1.78 million, exceeding the 1.5 million quota.
The OPEC Secretariat previously enacted compensation plans for Russia, Iraq, the UAE and Kazakhstan. Compensation volumes will rise from 27,000 barrels per day in October to 663,000 barrels per day by June 2026.
