Gulf Oil and Gas accountACCOUNT

Kazakhstan's Oil Output In Feb Exceeds Level Agreed With OPEC

Source: Reuters 3/13/2017, Location: Asia

Share |
Kazakhstan's oil production in February exceeded its agreed limit under an OPEC-led deal to cut output and support prices, official Kazakh data showed on Monday. The central Asian country's output of oil and gas condensate rose 2 percent last month from January to total 1.718 million barrels per day (bpd), or 38,000 bpd above its limit under the deal.

Kazakhstan's energy minister has said his country, which is not an OPEC member, would cut output by 20,000 bpd from the 1.7 million bpd it produced in November.

In January, Kazakhstan produced 1.68 million bpd of oil and gas condensate.

The rise in Kazakh production mainly came from the country's largest fields, including the giant Kashagan field where daily output was up 7 percent month-on-month, according to the data from the analytical centre of the Kazakh energy ministry.

Output at the Tengiz field was up 6 percent versus January levels, the same data showed.

Production News in Kazakhstan >>

Oman >>  4/26/2017 - Notwithstanding a commitment to capping crude production in line with a global output reduction pledge reached by Opec and non-Opec producers, activit...
Azerbaijan >>  4/25/2017 - Natural gas production at Azerbaijan's Absheron field in the Caspian Sea could begin in late 2019 or early 2020, an official at Azeri state energy com...

Norway >>  4/25/2017 - Preliminary production figures for March 2017 show an average daily production of 2 145 000 barrels of oil, NGL and condensate, which is an increase o...
Nigeria >>  4/24/2017 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announc...

Norway >>  4/24/2017 - Statoil has received consent to put the Gina Krog facility and associated pipeline system into service. In June 2016, Statoil received partial consent...
Russia >>  4/24/2017 - LUKOIL has reached another milestonnee with two million tonnes of oil, produced at the Vladimir Filanovsky field in the Caspian Sea. As of today, hydr...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Kazakhstan Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 |

More News

 

Oil & Gas Companies in Kazakhstan >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Privacy Policy.