Kazakhstan Expects to Top Its Oil Output Plan in Defiance of OPEC+ ...Middle East

OILPRICE - Economy
Kazakhstan Expects to Top Its Oil Output Plan in Defiance of OPEC+
source : OILPRICE ( Middle East ) () 30
Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field, Kazakhstan’s Energy Minister Erlan Akkenzhenov said on Friday, in yet another snub at OPEC+ quotas. Earlier this year, Kazakhstan’s energy ministry said that the country plans to produce a total of 96.2 million tons of crude oil and condensate in 2025, or about 2 million barrels per day (bpd), which would be 9.7% higher compared to 2024. Now Kazakhstan will likely top the production plans for the year, Minister Akkenzhenov…

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