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Oil Production in Kazakhstan Increased to 90.5 MT in 2019

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According to preliminary data, the production of oil and gas condensate in Kazakhstan in 2019 amounted to 90.5 million tons compared to 90.36 million tons a year earlier.

This was reported by the press service of the Ministry of Energy of Kazakhstan.

According to the agency, Tengizchevroil LLP produced 29.79 million tons of hydrocarbons during the year, Karachaganak Petroleum Opera BV – 11.27 million tons, and North Caspian Operating Company BV – 14.1 million tons.

In December 2019, Kazakhstan, under the OPEC + deal, committed to reduce oil production from 1.86 million to 1.84 million barrels per day in the first quarter of 2020.

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