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OIL: Kazakhstan's Kashagan Set for 38 Days of Maintenance

OIL
BulletEnergy BulletsCommodities

Kazakhstan's energy ministry said on Wednesday that the country's giant Kashagan oilfield will halt production for 38 days to conduct maintenance likely beginning on Oct. 3.

  • CPC loadings are expected to total 1.05m-1.10m b/d in October, down about 250k b/d from September, mainly due to planned maintenance at Kashagan.
  • CPC was being discussed at a premium of as much as 30 cents/bbl last week, the highest since at least the start of the pandemic.
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Kazakhstan's energy ministry said on Wednesday that the country's giant Kashagan oilfield will halt production for 38 days to conduct maintenance likely beginning on Oct. 3.

  • CPC loadings are expected to total 1.05m-1.10m b/d in October, down about 250k b/d from September, mainly due to planned maintenance at Kashagan.
  • CPC was being discussed at a premium of as much as 30 cents/bbl last week, the highest since at least the start of the pandemic.