Free Trial

Kazakhstan’s Oil Output Dips On Steam Leak At Kashagan


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.

To read the full story



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.