Kazakhstan's oil output rose fell 22% in June vs May - sources
04/07/2022 11:55
MOSCOW, July 4 (Reuters) - Kazakhstan's oil output,
excluding condensate, fell by 22% to 1.193 million barrels per
day (bpd) (4.902 million tonnes) in June from 1.534 million bpd
(6.514 million tonnes) in May, two sources citing daily output
data said on Monday.
The drop in output was due to the planned shutdown of
production on Kashagan oilfield due to maintenance in June.
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Kazakhstan's oil output remained below its OPEC+ quota for
June of 1.655 million barrels.
Kazakhstan's Energy Ministry did not respond to Reuters'
request for comment.
Kazakhstan uses a conversion rate of 7.3 barrels for 1 tonne
of crude oil.
(Reporting by Reuters)