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Kazakhstan Targets 92.6mn Tonnes of Crude Production Next Year

OIL

Kazakhstan plans to produce 92.6 mn tonnes of oil in 2023, according to the draft 2023-2025 national budget which was approved today.

  • The country could be producing 99.9 million tonnes of oil by 2027.
  • Kazakhstan is expected to fulfill this year's oil production target of 85.7 million tonnes based on reports by officials last month.

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