Kazakhstan’s Oil Output Hits Record High Of 2.1 Million bpd

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Kazakhstan’s Oil Output Hits Record High Of 2.1 Million bpd

Kazakhstan has ramped up oil production, with the country’s crude oil and gas condensate--a type of light oil- output hitting a record high of 2.12 million barrels per day in February, good for a 13% increase from January. Excluding gas condensate, crude oil production increased 15.5% m-o-m to 1.83 million bpd. The OPEC+ member has been able to increase oil output despite damage to the Caspian Pipeline Consortium (CPC), its main export route via…

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Kazakhstan’s oil output hits record high of 2.1 million bpd – Oil & Gas 360

(Oil Price)– Kazakhstan has ramped up oil production, with the country’s crude oil and gas condensate–a type of light oil- output hitting a record high of 2.12 million barrels per day in February, good for a 13% increase from January. Excluding gas condensate, crude oil production increased 15.5% m-o-m to 1.83 million bpd. The OPEC+ member has been able to increase oil output despite damage to the Caspian Pipeline Consortium (CPC), its main expo…

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Kazakhstan set to increase oil refining capacity to 18.5mln tons