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Free AccessKazakhstan Output Falls Again in September
Kazakhstan’s crude and condensate production fell to 5.75m tons (1.4mbpd) in September according to Bloomberg
- Output is down by 55kbpd from 1.45mbpd in August and compared to over 1.8mbpd at the start of the year. Monthly average production was the lowest since August 2016
- The country has struggled with gas leak problems at Kashagan, planned work at Karachaganak and the outage of two of the three CPC moorings
- Kazakhstan’s energy minister expects Kashagan to resume full output on Oct 20 and all CPC moorings to be operational by Oct 15.
- The September crude production, excluding condensate, is estimated at 1.14mbpd, compared to an OPEC target for the month of 1.71mbpd.
To read the full story
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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.