Kazakhstan in August Lagged Behind the OPEC+ Quota by 100 Thousand b/d
Oil production in Kazakhstan in August 2023 amounted to 1.45 million bpd, according to a review by S&P Global Commodity Insights, citing Platts data. As of August, Kazakhstan’s oil production quota under the OPEC+ deal was 1.55 million bpd. Thus, according to S&P Global Commodity Insights, Kazakhstan in August lagged …
Kazakhstan Plans to Start Operating the Anabay Gas Field by the End of the Year
Chairman of the Board of QazaqGaz Sanzhar Zharkeshov noted that since the beginning of 2022, the company has implemented investment projects worth more than $861 million in the Atyrau and Mangistau regions, as well as in Almaty The Kazakh authorities intend to begin exploitation of the Anabay gas field in …
Production Potential of Kashagan Can Reach 75 Million Tons of Oil per Year – Prime Minister of the Republic of Kazakhstan
Prime Minister of Kazakhstan Alikhan Smailov spoke at a solemn event in honor of the 30th anniversary of the start of the development of the Kazakh shelf of the Caspian Sea with the participation of veterans of the oil and gas industry of the republic, Kazinform reports with reference to …
Daily Oil Production in Kazakhstan has Recovered After the Liquidation of the Energy Accident
Oil production in Kazakhstan over the past day, August 20, amounted to 234.3 thousand tons of oil, according to the materials of the situational and analytical center of the fuel and energy complex under the Ministry of Energy. As explained in the department, production was restored after the liquidation of …
Daily Oil Production in Kazakhstan Fell to the Lowest Level Since July 24
Daily oil production in Kazakhstan on Monday fell to 228,600 tons, the lowest since July 24, against 234,700 tons on Sunday. This is evidenced by the data of the Ministry of Energy of the country. Source
KazMunayGas Increased Oil and Condensate Production in the First Half of the Year
The National Oil and Gas Company of Kazakhstan Kazmunaigas (KMG) produced 11.86 million tons of oil and gas condensate in six months of 2023, which is 10.1% more than in the first half of 2022, the company’s press service reported. “The volume of oil and gas condensate production by KMG …
Geological Risk on the Shelf of Kazakhstan Has Materialized
LUKOIL and KazMunayGas did not find oil in the Zhenis area. KazMunayGas did not find any hydrocarbons while drilling an exploration well within the framework of the Zhenis project on the shelf of Kazakhstan. However, the results of the work helped to clarify information about the structure of the subsoil …
The First Well on the Offshore Block in Kazakhstan, Where the Azerbaijani SSDR Was Used, Turned Out to be “Dry”
The first well on the Zhenis offshore block in the Kazakh sector of the Caspian Sea turned out to be “dry”, Upstream writes. Well V-1 had a target depth of 3,300 meters. Drilling began at the end of last year using the Dada Gorgud jack-up drilling rig of the Azerbaijani …
Oil Sector of Kazakhstan Recovers After Energy Blackout
And in Mangistau – again an accident at the MNPP power unit. At the Mangistau nuclear power plant in the Kazakh city of Aktau, on the evening of July 6, the power unit was turned off again. The Devon news agency learned about this from a message from the press …
Kazakhstan Hopes to Restore Oil Production Within a Month, Reduced Due to a Power Failure
Within a month, Kazakhstan plans to restore the volume of oil production, reduced due to an accident in the energy supply in the west of the republic, Kazakh Energy Minister Almasadam Satkaliyev said. “Now we will clarify the volumes to what extent the limitation on production volumes was, but we …