Free Trial

Kazakhstan Loses 16k mt of Crude Output from Floods

OIL

Kazakhstan, the largest Central Asian oil producer, halted production at 493 oil wells due to flooding, most in the Aktobe region, Bloomberg said.

  • Kazakhstan lost around 16k mt of crude production. While it halted 634 wells, production was restored in 141.
  • The Atyrau refinery is working as normal, according to the Kazakh Energy Ministry.
54 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Kazakhstan, the largest Central Asian oil producer, halted production at 493 oil wells due to flooding, most in the Aktobe region, Bloomberg said.

  • Kazakhstan lost around 16k mt of crude production. While it halted 634 wells, production was restored in 141.
  • The Atyrau refinery is working as normal, according to the Kazakh Energy Ministry.