The country produced 1.508 million bpd in September and its quota for October was set at 1.524 million bpd.

The agency also upgraded the bank's national scale long-term counterparty risk rating to Baa2.kz from Baa3.kz and affirmed its long- and short-term deposit ratings at B2/Not Prime.

Uzbekistan plans to continue expanding at above-average rates, as the government aims to diversify its economy and increase its export potential.