Exclusive-Kazakhstan's oil output down in early April, still above OPEC+ quota, source says

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MOSCOW : Kazakhstan's oil output fell in the first two weeks of April from the March average, but is still above the OPEC+ quota it has pledged to meet after months of overproduction, an industry source told Reuters.

Several Western oil majors, such as Chevron, Shell, ExxonMobil, TotalEnergies and Eni, are active in Kazakhstan.

Russia has said a CPC pumping station in the south of the country was attacked by a Ukrainian drone in February, while in March, a nearby oil depot was set ablaze also following a suspected Ukrainian drone strike.

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Article Details

Category: EconomyBusiness

Markets: SingaporeKazakhstanSaudi Arabia

Topics: Kazakhstan April Tengiz Average Source Country March Russia Quota Opec+ Output

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 18:31:59 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 20 lines

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Copyright Owner: © Channel News Asia

News ID: 27861689

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