Oil Output in Kazakhstan Down 21% on July 4 from July 2 after Blackout

Reuters
Wednesday, July 5, 2023

Oil production in Kazakhstan plummeted by around a fifth on July 4 to 1.46 million barrels per day from July 2, after the widespread power outages, official data from an analytical center at the energy ministry showed on Wednesday. 

Oil refining volumes fell by 46% on July 4 to 20,200 tonnes from 37,300 tonnes on July 2, according to the data. 

A source familiar with the statistics also said that oil production at Kazakhstan's Kashagan oilfield halved on July 4 from average June's level to 22,082 tonnes (175,045 barrels per day). 

(Reporting by Reuters; writing by Vladimir Soldatkin and Louise Heavens)

Categories: Energy Activity Production Caspian Sea

Related Stories

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

Archer Bolsters P&A Portfolio with isol8 Acquisition

Perenco Brings Davy Gas Field in North Sea Back to Life

Current News

IKM Aconan to Deliver Drilling, Well Services for Vår Energi

Unity Wins North Sea Decom Contracts, Expands Overseas

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

Subscribe for OE Digital E‑News