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Kazakhstan’s Oil Output Hits Record High

Summary by Oil Price
Kazakhstan’s oil production reached an all-time high in March despite the country’s continued pledges to start complying with its OPEC+ quota that it has been exceeding for years. As international supermajors are expanding oilfields in Kazakhstan, the non-OPEC producer part of the OPEC+ pact pumped as much as 2.16 million barrels per day (bpd) of crude oil and condensate in the first half of March, industry sources told Reuters on Friday. In Feb…

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Kazakhstan’s Oil Output Hits Record High

Kazakhstan’s oil production reached an all-time high in March despite the country’s continued pledges to start complying with its OPEC+ quota that it has been exceeding for years. As international supermajors are expanding oilfields in Kazakhstan, the non-OPEC producer part of the OPEC+ pact pumped as much as 2.16 million barrels per day (bpd) of crude oil and condensate in the first half of March, industry sources told Reuters on Friday. In Feb…

·London, United Kingdom
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Vogon TodayVogon Today

Kazakhstan reaches its historic oil production record, despite OPEC+ - Economic Scenarios

Kazakhstan's oil production hit an all-time high in March, even as the country pledged to meet the OPEC+ quota it has exceeded for years. While international supermajors are expanding oil fields in Kazakhstan, the non-OPEC producer part of the OPEC+ pact pumped as much as 2.16 million barrels per day (bpd) of crude and condensate in the first half of March, industry sources told Reuters on Friday. In February, oil and condensate production avera…

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Oil Price broke the news in London, United Kingdom on Friday, March 21, 2025.
Sources are mostly out of (0)
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Similar News Topics

Oil and Gas Sector

Oil and Gas Sector

OPEC+

OPEC+

Kazakhstan

Kazakhstan

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