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Kazakhstan's Tengiz Production Forecast Stable 2024 y/y


Oil production from Kazakhstan’s giant Tengiz oilfield will remain stable in 2024 versus 2023 levels according to Kazakhstan’s energy ministry.

  • The energy ministry forecasts oil output from Tengiz will reach 27.9 million metric tons this year (~608,000bpd), a similar level to 2023's output but around 4% below 2022.

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