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Kazakhstan’s June oil and gas output up 2% m/m, source says

Kazakhstan’s June oil and gas output up 2% m/m, source says
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MOSCOW, July 3 (Reuters) – Kazakhstan’s oil and gas condensate production rose 2% month on ​month in June to 8.59 ‌million metric tons, or 2.16 million barrels per day, from 2.12 million bpd ​in May, a source familiar ​with preliminary data said.

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  • Crude oil production, ⁠excluding gas condensate, increased to 1.92 ​million bpd from 1.88 million bpd ​in May, up 1.7%.

  • Output at Kazakhstan’s giant Tengiz oilfield, operated by a consortium led ​by U.S. major Chevron, rose 3.7% ​in June from May to 3.62 million tons, ‌or ⁠960,960 bpd.

  • Production at Karachaganak increased 6% to 976,000 tons in June, or 255,800 bpd.

  • Kashagan’s output dipped 0.2% ​to 1.514 ​million tons, ⁠or 400,100 bpd. Kazakh authorities postponed a previously planned ​30-day maintenance shutdown at Kashagan ​from ⁠June 2026 to 2027.

  • Kazakhstan’s OPEC+ oil production quota was 1.599 million bpd ⁠in ​June and is ​set to rise to 1.608 million bpd in July.

Reporting ​by Reuters. Editing by Mark Potter

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