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KazMunayGas Raised Crude, Natural Gas Output YoY In 1Q

OIL

KazMunayGas’ crude oil output in the first quarter of this year rose to 5.96mn tons, up by 8.7% year on year according to Bloomberg citing the firm.

  • KazMunayGas’ natural gas output in the first three months of this year rose by 12% on the year to 2,410mcm.
  • Kazakhstan’s crude and condensate production stood at 7.58mn tons in April, or 1.84mbpd. Crude output accounted for 1.59mbpd, 40kbpd below its OPEC+ quota, government data showed.

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