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Kazakh Oil Production to Rise to 90-94mn tons in 2024

OIL

Kazakhstan’s oil production is estimated to rise to 90-94mn tons next year, up from an expected 89mn tons this year, Energy Minister Almasadam Satkaliyev said, cited by Bloomberg.

  • In August the country said it aimed to raise oil production to 95.4mn tons in 2024, up from an estimated 90.5mn tons this year.
  • Kazakhstan has started supplying oil to Germany, and has plans to supply more oil to China and France, the Kazakh President Kassym-Jomart Tokayev said early November.

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