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Kazakhstan’s Oil Output Dips On Steam Leak At Kashagan

OIL

Kazakhstan’s oil output dipped slightly in recent days due to a technical problem at the Kashagan oil field, according to Bloomberg.

  • The Kashagan oil field returned to full output in November after a long period of maintenance.
  • The country’s oil, gas and condensate output was 213k tons on 2 Jan and 247.8k tons on 3 Jan, compared with 262.2k tons on 1 Jan, according to data from a unit of the Energy Ministry.
  • Maintenance work to fix a steam leak at the Bolashak complex, which processes oil and gas from the Kashagan offshore field, was the cause of the output decline, a source said.
  • Kashagan production is expected to be fully restored on Wednesday, the source added.

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