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OIL: Kazakhstan Oil Production to Rise 8% y/y in 2025

OIL

Kazakhstan expects oil production to rise 8% from 90.3m tons in 2024 to 97.2m tons in 2025, according to Deputy Premier and Economy Minister Nurlan Baibazarov cited by Bloomberg.

  • Oil output is expected to rise further to 101.5m tons in 2026 and 105.5m tons in 2027.

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